Ray has worked in the mailroom at MNG Corporation for five years, and is widely respected throughout the organization.Jon, the chief financial officer, started working at MNG six months ago after holding a similar position with one of MNG's competitors.Which of the following statements is most true?
A)Both Ray and Jon can help establish a strong control environment, but only Jon can effectively identify risks and suggest control activities.
B)Both Ray and Jon can effectively identify risks and suggest control activities, but only Ray can help establish a strong control environment.
C)Neither Ray nor Jon should participate in the development of an internal control plan.
D)Both Ray and Jon can influence most aspects of an internal control plan for MNG.

Question

Quizplus · Accepted Answer

Both Ray and Jon bring valuable perspectives and experiences to the table that can influence various aspects of an internal control plan. Ray's long tenure and respect within the organization can provide insights into the operational and cultural aspects, while Jon's financial expertise and experience with competitors can offer strategic and risk management perspectives.

Ray Has Worked in the Mailroom at MNG Corporation for Five