Per the Sarbanes-Oxley Act of 2002,a compensation committee,comprised of a public corporation's top executives,must be established to determine the salaries and wages of its employees.

Question

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The Sarbanes-Oxley Act of 2002 requires that a compensation committee be established, but it is not necessary for the committee to be comprised of the corporation's top executives. The committee should be made up of independent directors who are not employed by the corporation. Their mandate is to determine the compensation package for the corporation's executives.

Per the Sarbanes-Oxley Act of 2002,a Compensation Committee,comprised of a Public