Which of the Following Statements Is Incorrect

question 10

Multiple Choice

Which of the following statements is incorrect?

• A) Corporate governance can provide assurances that management is accountable for their actions.
• B) The external auditor is responsible for the preparation of a company's financial statements.
• C) Audit committees are now compulsory for the top 500 companies.
• D) An audit committee may be responsible for reviewing policies on internal control procedures.

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