Which of the Following Is NOT a Typical Attribute of an Audit

question 3

Multiple Choice

Which of the following is NOT a typical attribute of an audit committee?

• A)Audit committees are being used more and more throughout the world.
• B)The audit committee is employed by the external auditors.
• C)Audit committees are comprised solely of outside board members.
• D)Audit committees act as a liaison among the full board of directors,internal auditors,external auditors,and management.
• E)The audit committee oversees the internal accounting controls,financial statements and financial affairs of a corporation.

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Definitions:

Physical Address

A hardware address that uniquely identifies each device on a network, also known as a MAC address in the context of Ethernet networks.

Light Waves

Light waves perceptible by the human eye that enable the sense of vision.

Cost-Effective

An attribute of a process, product, or service that provides good value or return for the amount spent.

Wired Transmission Media

Physical materials like copper cables and optical fibers used to transmit data through electrical or light signals in a network.