Which of the following is NOT a typical attribute of an audit committee?
A) Audit committees are being used more and more throughout the world.
B) The audit committee is employed by the external auditors.
C) Audit committees are comprised solely of outside board members.
D) Audit committees act as a liaison among the full board of directors,internal auditors,external auditors,and management.
E) The audit committee oversees the internal accounting controls,financial statements and financial affairs of a corporation.
Correct Answer:
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