IIA-CIA-PART1 · Question #117
Who has the ultimate responsibility of implementing the organization's governance system?
The correct answer is C. The chief executive officer. The Chief Executive Officer (C) holds ultimate responsibility for implementing the governance system because the board delegates operational authority to the CEO, who then drives execution across the organization. The board (B) is responsible for establishing and overseeing…
Question
Who has the ultimate responsibility of implementing the organization’s governance system?
Options
- AStakeholders
- BThe board
- CThe chief executive officer
- DInternal auditors
How the community answered
(36 responses)- A11% (4)
- B3% (1)
- C81% (29)
- D6% (2)
Explanation
The Chief Executive Officer (C) holds ultimate responsibility for implementing the governance system because the board delegates operational authority to the CEO, who then drives execution across the organization. The board (B) is responsible for establishing and overseeing governance, not implementing it - they set direction and hold the CEO accountable. Stakeholders (A) influence governance expectations but bear no formal implementation responsibility. Internal auditors (D) assess and report on governance effectiveness, but their role is assurance, not implementation.
Memory tip: Think of it as a chain - the board designs the blueprint, the CEO builds the house, and internal auditors inspect it. Stakeholders are the clients who care about the outcome.
Community Discussion
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