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Which of the following statement is not related to role of audit committee?     Approve remuneration and terms of engagement of the external auditor     Monitor and review the effectiveness of the company’s internal control     Monitor the integrity of the company’s financial statements       To prepare the financial statement of the company in time

Which of the following statement is not related to role of audit committee?     Approve remuneration and terms of engagement of the external auditor     Monitor and review the effectiveness of the company’s internal control     Monitor the integrity of the company’s financial statements       To prepare the financial statement of the company in time

Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 9CYBK
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 Which of the following statement is not related to role of audit committee?


 

 

Approve remuneration and terms of engagement of the external auditor


 

 

Monitor and review the effectiveness of the company’s internal control


 

 

Monitor the integrity of the company’s financial statements


 

 

 

To prepare the financial statement of the company in time

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