What term is used to describe broadly to the manner in which an organization is governed or managed and it encompasses the framework of rules, relationships, systems, and processes designed to exercise authority and control within a company?    A.  Management control B.  Corporate governance C.  Internal auditing D.  Government regulation

Q: The audit committee is usually responsible for monitoring the: a) Effectiveness of financial control…

A: An organization's board of directors committee known as the audit committee is in charge of choosing…

Q: Identify the other control procedures usually found in a company’s system of internal controlbesides…

A: Internal control are the policies and procedures implemented in an organisation to ensure that the…

Q: Identify each of the following as a (a) purpose of an internal control system, (b) principle of…

A: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Fill in the Blanks Question: Corporate governance promotes 1 and accountability within…

A: Corporate governance is the set of rules, regulations, principles and practices that not only direct…

Q: The agency problem underlies the need for sound corporate governance. In this context, the 'agents'…

A: The agency problem is a conflict of interest inherent in any relationship where one party is…

Q: The role of the Internal Audit Function in Enterprise Risk Management  Question:  The CFO and…

A: The role of internal audit is to provide independent assurance that an organisation's risk…

Q: Companies are required to follow the laws and regulations including company law, tax law and…

A: Internal control procedures are those procedures which are adopted to ensure fulfilment of…

Q: Which of the following members of an organization has ultimate ownership responsibility of the…

A: Solution: The chief executive officer (CEO) has the ultimate responsibility for enterprise risk…

Q: What is management's responsibilities for reporting internal control under Section 404 Sarbanes…

A: Internal control is an important part of every organization. It helps in maintaining the efficiency…

Q: What is the relationship between the internal control system and risk management with  corporate…

A: The system of direction and control used by corporations is known as corporate governance. The…

Q: Who is responsible to set policies on internal control? Chief Executive Officer Audit Committee…

A: Internal Control:- It is the process effected by a company's board of directors , management ,…

Q: Define the roles of auditors in a company?

A: A qualified person known as an auditor inspects, confirms, and validates the accuracy and integrity…

Q: Important of comply or explain model of corporate governance

A: The set of rules, methods, and practices for guiding and controlling market enterprises is referred…

Q: roles of directors of the company and the role of auditors using the categories

A: Roles of Directors of the Company To choose the directors of the firm is vested in the hands of the…

Q: Modern corporate governance implies several layers of separation between ownership and control of…

A: We have a statement. We have to comment on the statement along with a conclusion.

Q: corporate gover

A: The link is given as,

Q: What are the FOUR broad objectives of an Internal Control for an organisation.What are the FOUR…

A: Here is the Answer:

Q: Which one of the following is NOT the main responsibility of Executive Directors in a company? a. To…

A: The question is multiple choice question. Which one of the following is NOT the main responsibility…

Q: Question: In corporate governance, what is the primary function of an audit committee? A) Financial…

A: Corporate Governance is the set of rules, practices and processes that guide how a company is run…

Q: QUESTION 1 The objectives of internal control are to O a. provide control over "internal-use only"…

A: The internal control are post by the company in order to monitor the working of the organisation in…

Q: The internal control of an organization is made up of O control of the environment. O all of these.…

A: Internal Controls: Internal controls are the controls established within an organization to check…

Q: Board of Director

A: Correct Answer :- D Board  of Director.

Q: ternal control consists of the actions taken by people at every level of an organization to achieve…

A: Internal control refers to the policies, procedures, and practices implemented by an organization to…

Q: What are the FOUR broad objectives of an Internal Control for an organisation.What are the FOUR…

A: Accounting and financial information of the company is gathered, stored and processed with the…

Q: Give three examples that illustrate how cardinality reflects an organization’s underlying business…

A: The extent or degree of relationship between two or more items is shown by cardinality. 1 to 1, many…

Q: What are the roles and responsibilities of independent members of the board of directors with…

A: Independent members of the board of directors play a critical role in risk management and corporate…

Q: The documents which sets out basic rules for how a company is to run?

A: A company's constitution is a written text that lays down the laws that regulate it. It also…

Q: what are the factors that impact corporate governance

A: Concept of Corporate GovernanceCorporate governance is the set of laws, customs, and procedures that…

Q: Question: In corporate governance, what is the primary function of an audit committee? A) Financial…

A: Corporate governance :Corporate governance refers to the set of rules, practices, and processes that…

Q: Identify and explain the key models of Corporate Governance

A: There are mainly three models of corporate governance : 1. The Anglo-US model 2. The German model 3.…

Q: In what way Corporate governance is being applied in a government agency?

A: The corporate governance of the government authorities, through the provision of public services,…

Q: How do ‘audits’ work as a corporate governance mechanism

A: Introduction: An audit is an examination or audit by an auditor of various books of accounts,…

Q: Question: In corporate governance, what is the primary function of an audit committee? A) Financial…

A: An audit committee is formed by the company in order to evaluate the results and to control, monitor…

Q: Who oversees the organization’s system of internal control? a. None of the choices b. Process…

A: The internal controls are related to the organisation behaviour and process.

Q: Can you give me interview questions about internal control of a company?

A: Internal Control:   Internal control, as defined by accounting and auditing, is a process for…

Q: Describe the agency problem in public companies

A: Definition:

Q: how we share our findings and concerns with the board of directors in internal control system?

A: Management is in-charge of the establishment and maintenance of the internal audit function. An…

Q: The organizational authority within an organization. * refers to the different layers of management…

A:

Q: Which of the following represents two management functions? Regulating and directing O Controlling…

A: Management functions are a set of activities and processes that are essential for effective…

Q: Why is an independent audit committee important to a company?

A: Auditing:   In auditing, auditors verify the correctness and fair presentation of financial…

Q: A company's internal control system:

A: ABOUT  COMPANY'S INTERNAL SYSTEMS AS UNDER

Q: Entity-level controls support broad organizational objectives while direct controls support…

A: Under the transactional approach this is all about the status the leaders who are involved in such…

Q: A company’s controller is least concerned with: a. Provision of capital b. Information processing…

A: Controllers refer to a person in a company who managed the financial departments which is helpful in…