Which of the following is NOT the responsibility of a company’s directors?
ASupplying information and explanations to the auditor
BReporting to the shareholders on the accuracy of the accounts
CEstablishment of internal controls
DKeeping proper accounting records
Correct answer
B. Reporting to the shareholders on the accuracy of the accounts
Explanation
Reporting to the shareholders on the accuracy of the accounts is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.