Which of the following statements is false regarding roles and responsibilities pertaining to risk management and control?
Which of the following statements is false regarding roles and responsibilities pertaining to risk management and control?
The chief audit executive (CAE) is typically not responsible for overseeing the evaluation of risk management and control processes; this role usually belongs to senior management or a governance body such as a risk committee. The CAE's responsibility is more aligned with providing independent assurance on the effectiveness of these processes, rather than overseeing their evaluation.
The governing body (for example, Risk Committee), not CAE retains overall responsibility for overseeing the evaluation of rm and control processes.
Seems that A is correct
I think A is correct, not B
Read carefully the question. It is mentioning the word false. So, B is correct
isn't it the board is responsible in overseeing the RCM process?
A doğru