Which of the following statements regarding organizational governance is not correct?

Posted by: Pdfprep Category: IIA-CIA-Part3 Tags: , ,

Which of the following statements regarding organizational governance is not correct?
A . An effective internal audit function is one of the four cornerstones of good governance.
B . Those performing governance activities are accountable to the customer.
C . Accountability is one of the key elements of organizational governance.
D . Governance principles and the need for an internal audit function are applicable to governmental and not-for-profit activities.

Answer: B

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