Which Governance or Management Objective allows stakeholders to obtain transparency on the adequacy of the internal control system?

The objective that allows stakeholders to obtain transparency on the adequacy of the internal control system is indeed MEA02, which focuses on the management of the system of internal control. This objective is specifically designed to ensure that the internal control mechanisms are effective, reliable, and in alignment with organizational goals. By providing transparency in the internal control system, stakeholders can have confidence that risks are being managed appropriately and that the organization is fulfilling its regulatory, operational, and financial responsibilities.

Transparency in this context means that stakeholders have access to clear information about how controls are functioning, what risks are being mitigated, and how compliance is being achieved. This understanding is crucial for maintaining trust and ensuring that the organization can achieve its objectives while adhering to both internal policies and external regulations.

In contrast, the other options focus on different aspects, such as performance monitoring, compliance with external requirements, or providing assurance without specifically addressing the adequacy and transparency of the internal control system. Therefore, MEA02 is the right choice for emphasizing the significance of transparency in the context of internal controls.