One of the responsibilities of the audit committee of a company is to: monitor the company's...

One of the responsibilities of the audit committee of a company is to:

		monitor the company's accounting policies and procedures.
		manage the company's leadership pipeline.
		elect members of the corporate governance committee.
		elect members of the company's board of directors.

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Expert Solution

monitor the company's accounting policies and procedures

The first and foremost purpose or objective of the audit committee is to ensure that the policies and procedures of the organization are in sync and accordingly well defined as well. The audit committee needs to be effective enough to handle all the issues and ensure better impact.

keosha answered 1 year ago

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