Which of the following is a role of the board of directors in the governance process?
Which of the following is a role of the board of directors in the governance process?
One key role of the board of directors in the governance process is to obtain assurance concerning the effectiveness of the organization's governance systems. While other roles such as conducting periodic assessments or implementing internal controls are important, obtaining assurance ensures that the board can confirm the systems in place are functioning as intended and effective in practice. This aligns with the board's oversight and fiduciary responsibilities.
Because the others are SM roles. Giving assurance is the internal audit roles, to obtain is the board
Can someone explain why the answer is B?