In management's internal control report that is now required of all public companies, which of the following does not have a direct effect on a company's internal control system?
A) internal auditors
B) independent accountants
C) Board of Director's audit committee
D) Board of Trustees

Question

Quizplus · Accepted Answer

The Board of Trustees is not typically involved in the day-to-day operations or oversight of a company's internal control system. Internal auditors, independent accountants, and the Board of Director's audit committee all have direct roles in the assessment and monitoring of internal controls.

In Management's Internal Control Report That Is Now Required of All