Which of the following is a specific corporate governance responsibility of Executive Management?
A) Approving major changes, such as mergers.
B) Approving non-audit work performed by the audit firm.
C) Reviewing the budget of the internal audit function.
D) Implementing an effective ethical environment.

Question

Quizplus · Accepted Answer

Implementing an effective ethical environment is a specific corporate governance responsibility of Executive Management. The other options are responsibilities of the audit committee or the board of directors.

Which of the Following Is a Specific Corporate Governance Responsibility