Which Party Has the Primary Responsibility to Oversee an Organization's

question 134

Multiple Choice

Which party has the primary responsibility to oversee an organization's financial reporting and internal control process?

• A) the board of directors
• B) the audit committee
• C) management of the company
• D) the financial statement auditors

---

Definitions:

Chinese Residents

People living in China, including citizens, expatriates, and permanent residents, diverse in culture, language, and social practices.

Hong Kong

A special administrative region of China, known for its vibrant cityscape, deep natural harbor, and extensive financial and trading centers.

Academic Locus of Control

A psychological construct that determines whether individuals attribute their educational success or failure to internal factors like effort, or external factors like luck.

Online College

Educational institutions that offer courses and degree programs through the internet, providing flexibility to study from anywhere.