Which of the Following Statements Regarding Organizational Governance Is Not

question 409

Multiple Choice

Which of the following statements regarding organizational governance is not correct?

• A) An effective internal audit function is one of the four cornerstones of good governance.
• B) Those performing governance activities are accountable to the customer.
• C) Accountability is one of the key elements of organizational governance.
• D) Governance principles and the need for an internal audit function are applicable to governmental and not-for-profit activities.

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