Which of the following is an appropriate role for the board in governance?
A.
Preparing written organizational policies that relate to compliance with laws, regulations, ethics, and conflicts of interest.
B.
Ensuring that financial statements are understandable, transparent, and reliable.
C.
Assisting the internal audit activity in performing annual reviews of governance.
D.
Working with the organization's attorneys to develop a strategy regarding current litigation, pending litigation, or regulatory proceedings governance.
It can be B under the principle that governance provides transparent disclosure of key information. But it can also C under effective use of Assurance providers. So confusing.
the answer is B becos the other 3 are the roles of the senior management.
upvoted 5 times
...
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Lynai
8 months, 3 weeks agoHossamali18
1 year, 4 months agoCIApasser2020
2 years, 2 months agoJohn1237
1 month, 3 weeks agochung002
1 year, 7 months ago