Which of the following statements is TRUE?
A) Accounting professionals are the first line of defense when they use and comply with internal controls in their organization.
B) Compliance professionals are the first line of defense when they design and monitor internal controls in their organization.
C) Internal auditors are the first line of defense when they evaluate accounting systems for internal control deficiencies.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Accounting professionals, through their daily activities and adherence to internal controls, serve as the first line of defense in ensuring the integrity and accuracy of financial information. Compliance professionals and internal auditors play crucial roles in the oversight and evaluation of these controls, but they are considered the second and third lines of defense, respectively.

Which of the Following Statements Is TRUE