36 Mr. Johnson has been offered a position as a member of the independent Review Committee (IRC) of a mutual fund. He is unsure about the extent of the IRC's responsibility on conflict of interest matters. You advise him that: Oa) Ob) Oc) Od) NI 81-107 requires all non-reporting issuers to set up an independent Review Committee The IRC's role is to establish policies and procedures on conflict of interest matters The IRC's role is to review conflicts of interest submitted to it by the fund manager. The IRC's role is to independently review all investment decisions of the fund manager