The Audit Committee's responsibilities are assigned by the:

Question

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The responsibilities of the Audit Committee are assigned by the Board of Directors. This committee is responsible for overseeing financial reporting, internal controls, and the audit process of the organization, and the Board of Directors is the governing body that is responsible for making decisions in the best interest of the organization. The other choices, such as the CEO, CFO, Controller, or Finance Manager, do not have the authority to assign the responsibilities of the Audit Committee.

The Audit Committee's Responsibilities Are Assigned by The