Audit committees have substantial regulatory obligations under the SOX Act. These obligations include which of...
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Audit committees have substantial regulatory obligations under the SOX Act. These obligations include which of the following? Check all that apply. Having the authority to engage, monitor, and terminate the company's outside auditing firm Implementing a system of controls that involves a comprehensive examination of the audit reports and methods used by the company and outside auditors to properly report information that truly reflects the financial condition of the company Establishing a structure that facilitates communication directly between the audit committee and the auditors Establishing a structure that encourages communication between the audit committee and the auditors using corporate officers as a gobetween 
Audit committees have substantial regulatory obligations under the SOX Act. These obligations include which of the following? Check all that apply.
Having the authority to engage, monitor, and terminate the company's outside auditing firm
Implementing a system of controls that involves a comprehensive examination of the audit reports and methods used by the company and outside
auditors to properly report information that truly reflects the financial condition of the company
Establishing a structure that facilitates communication directly between the audit committee and the auditors
Establishing a structure that encourages communication between the audit committee and the auditors using corporate officers as a gobetween
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