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1.) What is the role of an audit committee? What are its responsibilities? 2.) What are the responsibilities of the following when in comes to

1.) What is the role of an audit committee? What are its responsibilities? 2.) What are the responsibilities of the following when in comes to internal control:

  1. Board of Directors,
  2. Audit Committee,
  3. Management,
  4. Internal Auditor, and
  5. External Auditor?

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