6. Bobby Fitz, CAE, believes that the internal controls over cash disbursements need major revisions. Mr. Fitz discussed this matter with senior management and was very alarmed at their acceptance of this serious risk. What action should Mr. Fitz take next?
A. Report the matter to the board immediately.
B. Understand management’s basis for accepting the risk.
C. Determine whether management has the authority to accept the risk.
D. Further attempt to resolve the disagreement.