The audit committee is required by U.S. law to have a minimum of three directors with the independent directors forming a majority.
It should be noted that audit simply means an official inspection if the account of an organization by an independent body.
In this case, the audit committee is required by U.S. law to have a minimum of three directors with the independent directors forming a majority.
The complete question is:
The audit committee is required by U.S. law to:
a. have a director.
b. not comply with rules and regulations.
c. ensure min conformity with accounting principles.
d. have a minimum of three directors with the independent directors forming a majority.
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