The Firm of McMaster and Martin, CPA's Is Concerned That

question 29

Multiple Choice

The firm of McMaster and Martin, CPA's is concerned that its client's current corporate culture may have an impact on the firm's independence. What kinds of safeguards can the client introduce or create to reduce the threat to independence?

• A) introduce appropriate corporate governance mechanisms such as the establishment of an audit committee
• B) ensure that the responsibility for the appointment and removal of an auditor rests with independent directors on the audit committee or the board
• C) both a and b
• D) none of the above

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Definitions:

Methods

Techniques or procedures followed to achieve specific goals or tasks.

Web Presentation

The act of delivering content or information to an audience through a web-based platform or application.

Audience Participation

The involvement of spectators or listeners in the action of a performance or event, often as part of an interactive experience.

Web Presentations

Digital slideshows or seminars conducted over the internet, allowing remote access and interaction from viewers worldwide.