Which of the following statements is false regarding roles and responsibilities pertaining to risk management and control?

Question

Giulia Maggio · Accepted Answer

Senior management is charged with overseeing the establishment risk management and control processes.

Giulia Maggio · Answer

The chief audit executive is responsible for overseeing the evaluation risk management and control processes.

Giulia Maggio · Answer

Operating managers are responsible for assessing risks and controls in their departments.

Giulia Maggio · Answer

Internal auditors provide assurance about risk management and control process effectiveness.

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