Under Securities and Exchange Commission regulations, who may be a member of an audit committee for a listed company?
A. any member of the corporate board of directors
B. any member of the corporate board of directors who is not a Certified Public Accountant (CPA)
C. only members of the corporate board of directors who do not have a material interest in the company
D. any manager or director of the corporation
Answer:C
Under Securities and Exchange Commission regulations, who may be a member of an audit committee for a listed company?
A. any member of the corporate board of directors B. any member of the corporate board of directors who is not a Certified Public Accountant (CPA) C. only members of the corporate board of directors who do not have a material interest in the company D. any manager or director of the corporation