Question: Which statement is not true regarding the audit committee governance rules: SOX accounting and auditing whistleblower report is a normal audit committee responsibility; SOX requires
Which statement is not true regarding the audit committee governance rules:
SOX accounting and auditing whistleblower report is a normal audit committee responsibility;
SOX requires a strong and direct line internal audit reporting relationship to the audit committee;
All registered enterprises must have an audit committee composed of only independent directors;
Audit committee is responsible for the firms compensation, oversight of audit work and the resolution of audit disagreements.
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