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The audit committee of a company must be made up of: (1) Representatives from the clients management, investors, suppliers, and customers. (2) Theauditpartner,thechieffinancialofficer,thelegalcounsel,andatleastoneoutsider. (3) Representativesofthemajorequityinterests,suchaspreferredandcommonstockholders.

The audit committee of a company must be made up of:

(1) Representatives from the clients management, investors, suppliers, and customers.

(2) Theauditpartner,thechieffinancialofficer,thelegalcounsel,andatleastoneoutsider.

(3) Representativesofthemajorequityinterests,suchaspreferredandcommonstockholders.

(4) Members of the board of directors who are not officers or employees.

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