During the investigations by the House Subcommittee on Oversight and Investigations, a question that was raised was:
A)Why was fraud allowed to occur at so many companies
B)Where was the board of directors in all these frauds
C)Where were the auditors
D)Why did the internal controls fail in so many frauds

Question

Quizplus · Accepted Answer

The question specifically concerns the auditing profession, suggesting that the House Subcommittee is interested in understanding the role of auditors in the occurrence of fraud. Therefore, the best answer is C: Where were the auditors?

During the Investigations by the House Subcommittee on Oversight and Investigations