An audit committee defines the responsibilities of the internal auditing department and receives many of the audit reports.

Name: An audit committee defines the responsibilities of the internal auditing department and receives many of the audit reports.
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Question

Quizplus · Accepted Answer

An audit committee is responsible for overseeing the internal audit function, which includes defining its responsibilities and reviewing audit reports to ensure effective governance and risk management.

An Audit Committee Defines the Responsibilities of the Internal Auditing