The independent audit committee of the board of directors is not responsible for reviewing the company's internal control systems to ensure that they are adequate to result in A)fair financial results. B)complete financial results. C)reasonable financial results. D)accurate financial results.

Question

Quizplus · Accepted Answer

The audit committee is responsible for ensuring fair, complete, and accurate financial results, but "reasonable" financial results are subjective and not a standard measure for audit committees.

The Independent Audit Committee of the Board of Directors Is