The Following are Questions about American Express.

Locate the Statement of Management Responsibility and the Report of the Independent Accountants (or Auditors Report) and read them carefully to answer the following questions.

a. Who is responsible for the preparation and content of the financial statements?

b. Does the company have an Audit Committee?

Yes

No

c. What is (are) the responsibility of the audit committee?

d. Which financial statements are covered by the audit report?

e. Who is responsible for assessing that the financial statements are fairly stated?

f. To whom is the audit report addressed?

g. Did your company receive an unqualified opinion?

Yes

No

h. If your company did not receive an unqualified opinion, what reason(s) was (were) given?