Which of the following is a role of the board of directors in the governance...

The board’s governance role is oversight, not day-to-day execution. The board is responsible for obtaining assurance that governance, risk management, and control processes are designed and operating effectively. This assurance may come from internal audit, external audit, management reporting, risk functions, compliance functions, and other assurance providers. Option A is more closely aligned with internal audit or independent assessment activities, not the board’s direct operational role. Option C is management’s responsibility because management designs and implements internal controls. Option D is partially related to oversight, but operational goals and objectives are normally developed and executed by management, while the board approves strategic direction and monitors performance. The strongest and most accurate governance role of the board is to obtain assurance over the effectiveness of governance systems.