Who in an organization is responsible for making sure that internal controls are functioning as designed?
A) Management
B) Internal audit department
C) External auditors
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Management is responsible for establishing and maintaining internal controls, while the internal audit department is responsible for evaluating the effectiveness of those controls. External auditors are responsible for providing an independent opinion on the financial statements, which includes an assessment of the effectiveness of internal controls.

Who in an Organization Is Responsible for Making Sure That