Which of the Following Is Responsible for Establishing a Private

question 73

Multiple Choice

Which of the following is responsible for establishing a private company's internal control?

• A) Senior Management
• B) Internal Auditors
• C) Senior Management and auditors
• D) Audit committee

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Definitions:

Temporarily

For a limited period of time; not permanently.

Passive-congenial Relationship

A type of relationship characterized by low levels of conflict and emotional expression, where partners maintain a peaceful coexistence without deep engagement.

Devitalized Marriage

A term often used to describe a marriage where passion and intimacy have significantly diminished, leading to a lack of emotional connection and fulfillment between partners.

Vital Relationship

A relationship of critical importance that significantly impacts the well-being or success of the entities involved.