Which of the Following Positions Report to the Audit Committee

question 125

Multiple Choice

Which of the following positions report to the audit committee of the Board of Directors?

• A)The CFO and Internal Audit Department
• B)The Internal Audit Department and the independent CPAs
• C)The CFO and the independent CPAs
• D)The treasurer and controller

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Definitions:

Principled Leadership

Leadership based on established values and ethical standards, focusing on integrity and the ethical treatment of others.

Team Building

The process of creating stronger and more cohesive working groups through various activities and initiatives.

Operating Effectiveness

Refers to the efficiency and productivity with which an organization or system performs its operational processes, aiming at achieving its objectives with minimal resources and waste.