Which of the following is not a responsibility of an audit committee?
A) Recommending an external auditor
B) Attesting to the fairness of the financial statements
C) Reviewing significant financial information
D) Seeing that an effective internal control is maintained

Question

Quizplus · Accepted Answer

Attesting to the fairness of the financial statements is the responsibility of the external auditor, not the audit committee. The other three options are responsibilities of an audit committee.

Which of the Following Is Not a Responsibility of an Audit