What is a factor that may influence the effectiveness of an audit committee?
A) the leadership style of the chairperson
B) auditor rotation
C) number of auditors on the audit team
D) experience of its members

Question

Quizplus · Accepted Answer

The experience of the members of the audit committee can greatly influence its effectiveness. A committee with experienced members can better understand the financial reporting process and identify potential risks and fraud.

What Is a Factor That May Influence the Effectiveness of an Audit