Who Is Responsible for the Appointment of the Auditor to a Company

question 11

Multiple Choice

Who is responsible for the appointment of the auditor to a company?

• A)The Australian Securities and Investment Commission.
• B)The audit committee of the company.
• C)The members of the company.
• D)The managing director of the company.

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Definitions:

Uniformly Distributed

Uniformly distributed indicates that all outcomes in a data set or probability distribution have the same or nearly equal chance of occurring.

Standard Deviation

A tool to determine the degree of difference or dispersion within a batch of data.

Standard Normal

A type of normal distribution with a mean of 0 and a standard deviation of 1.

Random Variable

A numerical value variable resulting from random phenomena.