Which body recommends the appointment of the external auditor and approves their non-audit services?
AGovernment auditors
BThe operating staff
CBenefits committee
DThe audit committee
Answer & Solution
Correct answer: D. The audit committee
Approving non-audit services by the external auditor protects auditor independence.
Keep practising Risk Assessment and Internal Control
Browse all Risk Assessment and Internal Control questions for CA Inter, or explore more Auditing topics.
Related questions
Sarbanes-Oxley fraud risk assessment focuses on what risk?Automating manual controls can help a business in which way?What do external audit standards most commonly used include?To whom do internal auditors of US listed companies report functionally?Which auditors are employed by the organizations they audit?Financial statements are said to be true and fair when they are free of what?What does an audit seek to provide about statements being free from material error?What is an integrated audit of a public company?