According to the Sarbanes-Oxley Act (SOX),who are possible members of the Audit Committee?
A)The president of the company.
B)Chief financial officer of the company.
C)Independent directors.
D)External auditors.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act requires that the audit committee be made up of independent directors who have no affiliation with the company or its management. The committee cannot include any officers or employees of the company, including the president or chief financial officer. External auditors may attend meetings of the committee, but they cannot be members.

According to the Sarbanes-Oxley Act (SOX),who Are Possible Members of the Audit