The ________ is a subcommittee of the board of directors that maintains the relationship between the firm and external capital markets.
A) nominating committee
B) audit committee
C) personnel and compensation committee
D) finance committee

Question

Quizplus · Accepted Answer

The finance committee is responsible for maintaining the relationship between the firm and external capital markets. The nominating committee is responsible for identifying and nominating candidates for election to the board of directors. The audit committee is responsible for overseeing the financial reporting and auditing process. The personnel and compensation committee is responsible for overseeing employee compensation and benefits.

The ________ Is a Subcommittee of the Board of Directors