Which One of the Following Statements About Audit Committees Is

question 13

Multiple Choice

Which one of the following statements about audit committees is NOT correct?

• A) Ideally, members should be actively involved in company management.
• B) They help to keep auditors independent of management.
• C) Members are selected from a company's board of directors.
• D) Most have 3- 5 members.

---

Definitions:

Reschedule

The act of arranging for an event, appointment, or meeting to take place at a different time than originally planned.

Lab

Short for laboratory, a facility that provides controlled conditions where scientific or technological research, experiments, and measurement may be performed.

Paper Scheduling System

A manual system used for planning and organizing appointments, often utilized in clinics or small practitioner offices before widespread use of digital calendars.

Appointment Books

Books or digital tools used for recording dates, times, and details of meetings or appointments.