As generally conceived, the audit committee of a publicly held company should be made up of:

A. representatives from the client's management, investors, suppliers, and customers.
B. members of the board of directors who are not officers or employees.
C. representatives of the major equity interests (preferred stock, common stock).
D. the audit partner, the chief financial officer, the legal counsel, and at least one outsider.


Answer: B

Business

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Fill in the blank(s) with the appropriate word(s).

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