Start learning →

Under COSO, who bears responsibility for internal control to some extent?

AOnly the board members
BOnly internal auditors
CEveryone in the entity
DOnly the chief executive
Answer & Solution
Correct answer: C. Everyone in the entity
Virtually all employees produce information used in controls or take actions needed to affect control.
Practise this question with Quill — CA Final →

Keep practising Risk Assessment and Internal Control

Browse all Risk Assessment and Internal Control questions for CA Final, or explore more Auditing topics.

Start a Risk Assessment and Internal Control lesson →
Related questions