The Group Within an Organization That Is Responsible for Monitoring

question 61

Multiple Choice

The group within an organization that is responsible for monitoring and evaluating the internal control system is called:

• A) the audit committee.
• B) the internal audit staff.
• C) the board of directors.
• D) the accounting staff.

---

Definitions:

Service Industry

A sector of the economy that provides intangible goods or services to consumers, including fields like healthcare, education, finance, and hospitality.

Certified Human Resources Professional (CHRP)

A professional designation indicating that an individual has met certain criteria and standards in the field of human resources.

Provincial HR Association

A regional professional organization dedicated to supporting human resources professionals through resources, training, and networking opportunities.

Credentialing Bodies

Organizations or institutions that grant certification to indicate that an individual has met certain professional standards necessary for practice in a specific field.