Which of the following is not a requirement imposed by the SOX Corporate Governance Framework?
A)The audit committee must be comprised solely by independent directors
B)The audit committee is responsible for appointing the company's external auditor
C)The audit committee must establish procedures to allow employees to submit anonymous complaints
D)The audit committee must approve non audit services to be provided by the auditors
E)The audit committee must be comprised solely by financial experts

Question

Quizplus · Accepted Answer

While the SOX Corporate Governance Framework suggests that having financial experts on the audit committee is beneficial, it does not require that the committee be comprised solely of financial experts.

Which of the Following Is Not a Requirement Imposed by the SOX