Which One of the Following Requires the Audit Committee to Be

question 21

Multiple Choice

Which one of the following requires the audit committee to be responsible for the appointment and compensation of the external auditor?

• A) The Securities Act of 1933.
• B) The Securities Exchange Act of 1934.
• C) The Investment Company Act of 1940.
• D) The Foreign Corrupt Practices Act of 1977.
• E) The Sarbanes-Oxley Act of 2002.

---

Definitions:

Reproductive System

The system of organs and structures in organisms that work together for the purpose of reproduction.

Endocrine System

The collection of glands that produce hormones to regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.

Hormones

Chemical messengers secreted by endocrine glands that regulate various physiological processes in the body.

Lymphatic System

The network of organs, lymph nodes, ducts, and vessels that produce and transport lymph from tissues to the bloodstream, important for the immune system.