Which one of the following requires the audit committee to be responsible for the appointment and compensation of the external auditor?
A. The Foreign Corrupt Practices Act of 1977.
B. The Securities Exchange Act of 1934.
C. The Sarbanes-Oxley Act of 2002.
D. The Investment Company Act of 1940.
E. The Securities Act of 1933.
Answer: C
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Answer the following statement true (T) or false (F)