The persons primarily responsible for maintaining proper books of account and the company's internal financial controls are the:
Adirectors/management
Bshareholders
Cstatutory auditors
Ddebenture holders
Answer & Solution
Correct answer: A. directors/management
Directors/management are responsible for books and internal controls.
Related questions
Consolidated financial statements combine the financials of the parent and its:A company is required to constitute a CSR Committee of the Board if it falls within the __A copy of the financial statements adopted at the AGM must be filed with the Registrar witA One Person Company and a small company are exempt from preparing the:Financial statements of a company are approved by the ___ before being signed and submitteThe activities that qualify as CSR are listed in:The format in which a company's balance sheet is to be prepared is prescribed in:A company that fails to comply with CSR spending must, unless exempt, transfer the unspent