An Audit Committee Must Be Comprised of Outside Directors and at Least

Multiple Choice

An audit committee must be comprised of outside directors and at least one outside financial expert.An individual with which of the following characteristics is considered an outside director?

A) A director who is not a member of management and has no other relationship to the organization.
B) A consultant to the organization who works as an honorary member of the board.
C) A director who is also a member of management and has no other relationship to the company.
D) A director who is a CPA and CIO of an affiliated organization.