Those charged with governance are the ________.
A)CEO, CFO, and COO
B)board of directors and management of an entity
C)stockholders
D)auditors

Question

Quizplus · Accepted Answer

Those charged with governance are responsible for overseeing the management of an entity and ensuring that it operates in accordance with applicable laws and regulations. This includes the board of directors and management of the entity, rather than just the CEO, CFO, and COO. Stockholders may also have a role in governance, but they are not solely responsible for it. Auditors do not have a governance role, but rather provide independent assurance on the financial statements.

Those Charged with Governance Are the ________