Who Is Responsible for a Company's Internal Controls

question 101

Multiple Choice

Who is responsible for a company's internal controls?

• A)the CEO and CFO
• B)the board of directors
• C)the external auditors
• D)the PCAOB

---

Definitions:

Behavioral Segmentation

The division of a market into groups based on consumer knowledge, attitudes, uses, or responses to a product.

Retail Store

A business establishment that sells goods to consumers, typically in small quantities for personal use.

Usage Rate

The quantity consumed or patronage (store visits) during a specific period. Frequency marketing focuses on usage rate.

Behavioral Segmentation

The process of dividing a market into groups based on consumer behaviors, such as purchasing habits or loyalty.