Which of the following would be the most appropriate first step for the board to take when developing an effective system of governance?

exams IIA-ACCA IIA-ACCA exam 0 Comments

Which of the following would be the most appropriate first step for the board to take when developing an effective system of governance?
A . Determine the organization’s overall risk appetite.
B . Establish a governance committee.
C . Delegate authority to members of senior management.
D . Identify key stakeholders and their expectations.

Answer: D