Establishing a viable internal control system is primarily the responsibility of:
A) the external auditors
B) management
C) programmers
D) government authorities

Question

Quizplus · Accepted Answer

The primary responsibility for establishing and maintaining a viable internal control system rests with management. While external auditors may provide recommendations and review the effectiveness of the system, it is ultimately the responsibility of management to ensure that internal controls are in place and operating effectively. Programmers and government authorities may play a role in implementing or enforcing certain aspects of internal controls, but they are not primarily responsible for establishing the system as a whole.

Establishing a Viable Internal Control System Is Primarily the Responsibility