The audit committee is responsible for
A) overseeing the internal control structure.
B) overseeing the financial reporting process.
C) working with the internal and external auditors.
D) All of the above are responsibilities.

Question

Quizplus · Accepted Answer

The audit committee is responsible for overseeing the internal control structure, the financial reporting process, and working with the internal and external auditors. Therefore, option D - "All of the above are responsibilities" is the best answer.

The Audit Committee Is Responsible for