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Question 10 (3 points) What level within the organization is responsible for establishing the overall strategic objectives of the company? Internal Audit Senior management The finance department Lower level management. Question 12 (3 points) The establishment of governance within an organization begins with which group? Middle management. The board of directors. Senior management. Internal audit department. Question 7 (5 points) Do you think there was anyway the bank could have detected the breach at the ATM before the rat ate $18,000 worth of cash? What about cost of controls vs. benefit of controls