Which of the following represents the subset of board of directors that acts as a direct contact between stockholders and the independent accounting firm?
A) External Auditors
B) Internal audit staff
C) Audit Committee
D) Stockholders' representative

Question

Quizplus · Accepted Answer

The audit committee is a subset of the board of directors that acts as a direct contact between stockholders and the independent accounting firm. External auditors are not part of the board of directors, and internal audit staff and stockholders' representatives are not typically involved in this process.

Which of the Following Represents the Subset of Board of Directors