Tag (SQ): Responsibility

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AAA – L3 – SA – Q4.3 – Professional responsibility and liability

Who is primarily responsible for detecting fraud in a company?

Question

Who has the main responsibility for detecting fraud in a company?

A Senior management

B The external auditors

C The police authorities

D The internal auditors

Answer

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Tags: Auditors, External Audit, Fraud Detection, Internal Audit, Management, Professional Ethics, Responsibility
Level: Level 3

Topic: Professional responsibility and liability

BMIS – L1 – QD12 – Management and leadership

Explain the difference between authority and responsibility in management.

Question

Explain the difference between authority and responsibility.

Answer

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Tags: Authority, Delegation, Leadership, Management, Responsibility
Level: Level 1

Topic: Management and leadership

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