Requirement c. What are the typical functions performed by an audit committee? (Select six items apply.) The functions of an audit committee may include the following: A. Review the independent auditor's evaluation of the company's internal controls. B. Participate in the selection and establishment of accounting policies; review the accounting for specific items or transactions as as alternative treatments and their effects. C. Review independent auditor's observations of financial and accounting personnel. D. Review the company's accounting, financial, and operating controls. E. Determine the impact of proposed pronouncements by the accounting profession or regulatory bodies to determine if legal issues might arise. F Review the annual financial statements before submission to the full board of directors for approval. G. Prepare the independent auditor's overall audit plan's general audit procedures based off of the indpendent auditor's scope. H. Review the reports of internal audit staff. L Assist in selecting the company's scope of the audit engagement. J. Approve the language in the independent auditor's management letter by providing feedback and providing documentation to suppor any negative comments. K. Approve interim financial reports to shareholders after they are approved by the board of directors Meet with the independent auditor and discuss any questions in the auditor's engagement letter, excluding fee arrangements set by the hoard