Question 14 Who is responsible for implementing a system of internal controls to prevent and detect fraud and error within an organisation? Options

a. Directors

b. Auditors

c. Employers

d. Shareholders

Question 15

Which of the following may be a reason why a company might become insolvent? Options a. Loss of market share b. Failure to acquire staff with adequate skills c. Company cannot pay its debts as they fall due

d. All of the above