In a Large Company, Who Usually Monitors the Internal Control

question 65

Multiple Choice

In a large company, who usually monitors the internal control?

• A) Internal auditors.
• B) PCAOB.
• C) CFO.
• D) External auditors.

---

Definitions:

Merger

The combination of two or more companies into a single entity, often to achieve synergy and enhance competitiveness.

Corporate Statements

Corporate statements are official documents or declarations issued by a company that communicate information on its activities, financial performance, and strategies.

Takeover Disadvantages

Potential negative impacts of a corporate takeover, such as job losses, cultural clashes, and increased debt.

Corporate Funds

Money or assets owned by a corporation, used in the operation of the business or for the benefit of its shareholders.