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Single Answer
0What organization typically includes an audit committee for a company?
Answer Options
A
The security office
B
The shareholders
C
The board of directors
D
The third-party assessors
Correct Answer: C
Explanation
Audit committees are typically part of the organization’s board of directors, and they oversee financial reporting–related activities. Audit committees are required for US-traded companies that are listed on stock exchanges. Shareholders, third-party assessors, and the security office are not typical places to find an audit committee.