An audit committee is: *4 point.O Composed of internal auditorsComposed of members of the audit teamComposed of members of a company's board of directors who are not involved in theday-to-day operations of the companyComposed ofpersons not associating in any way with the client or the board ofdirectors.O None of the above

An audit committee also refers as review council and it is one of the major working panels of an…

Answered: An audit committee is: * O Composed of…

Business

Accounting

An audit committee is: * O Composed of internal auditors

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

An audit committee is: *
4 point.
O Composed of internal auditors
Composed of members of the audit team
Composed of members of a company's board of directors who are not involved in the
day-to-day operations of the company
Composed of
persons not associating in any way with the client or the board of
directors.
O None of the above

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