The ________ is a subgroup of the Board of Directors.
A)managerial committee
B)stockholders' committee
C)audit committee
D)financial committee

Question

Quizplus · Accepted Answer

The audit committee is a subgroup of the Board of Directors that is responsible for overseeing financial reporting and auditing processes of a company. The managerial committee and financial committee are not commonly referenced subgroups of the Board of Directors, and a stockholders' committee would not be a subgroup of the Board of Directors.

The ________ Is a Subgroup of the Board of Directors