In the United States,the hiring of a company's external auditors of a public company is most likely the responsibility of the
A)Audit committee.
B)Board of directors.
C)Management.
D)Public Company Accounting Oversight Board.

Question

Quizplus · Accepted Answer

The audit committee of a public company's board of directors is responsible for hiring and overseeing the external auditors. This is to ensure the independence and objectivity of the audit process. The audit committee also reviews the audit plan, evaluates the performance of the auditors, and approves their fees. Ultimately, the audit committee is responsible for ensuring the accuracy and integrity of the company's financial statements.

In the United States,the Hiring of a Company's External Auditors