Who Has the Primary Responsibility for Establishing and Maintaining Good

Multiple Choice

Who has the primary responsibility for establishing and maintaining good internal controls?

A) Primary responsibility for controls belongs to internal auditors.They are the ones who create the controls and investigate potential violations of the controls.
B) Primary responsibility rests with management.Management both conveys acceptable culture and has the final say in how fraud cases are treated.
C) Primary responsibility lies with employees.They are the ones most likely to fully understand the system on a day-to-day basis and know where controls should be put in place.
D) Primary responsibility is not attributable to one person or group of people within an organization.Each member of an organization must consider himself or herself personally responsible for the organization's control environment.