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The primary responsibility for establishing and maintaining internal control rests with:

A. The external auditor.

B. Management.

C. The controller.

D. The treasurer.

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Question ajoutée par Utilisateur supprimé
Date de publication: 2015/02/25
Shamseer KM
par Shamseer KM , Accounts and Admin Payroll , KBM Group

B.The Management of the company

Khurram Shaukat Memon
par Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

It is managements responsibility to maintain and establish internal controls because they have been given task of managing operations.

Saifullah Shirazi
par Saifullah Shirazi , Senior Accountant , Suraj Cotton Mills Limited

Option  B, rest with the Management 

sujit khairnar
par sujit khairnar , Associate , StateStreet Corporation

primary responsibility to establish and maintaining internal control rest with management because management is an part of the internal control.

Utilisateur supprimé
par Utilisateur supprimé

The responsibility of everyone's control part of the work covers all disciplines

At work

The department is important in the first place

 

 

B. Management.

mohamed somany
par mohamed somany , Senior Accountant , MG Company for Contracting and Infrastructure

It`s  rests with Management

Utilisateur supprimé
par Utilisateur supprimé

B. Management.

 

Management responsibility for establishing and maintaning Internal controls rest

Utilisateur supprimé
par Utilisateur supprimé

Option B:

Management along with those charged with governance are responsible for establishing and maintaining internal controls.

BENNY MANGAN DEVASSY
par BENNY MANGAN DEVASSY , SENIOR INTERNAL AUDITOR , MEZZAN HOLDING

Answer is B. The Management holds the prime responsibility of Internal control.

adeel shahzad
par adeel shahzad , Accountant , Afia Insurance LLC. Dubai

the correct answer is B as the management is responsible for internal control

Mobeen Tahir
par Mobeen Tahir , Credit Officer , Tawuniya Insurance

I agree with all, management responsible for estabilishing internal controls in the company. So option B is the right answer.

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