True Or False

10. Management has the responsibility of adopting sound accounting policies and development of prudent judgements and estimates. 11. The audit committee's responsibility is one of oversight and monitoring. 12. One of the auditor's responsibilities is to establish and maintain the client's internal control system. 13. Client management appoint, approve, and review external audit function. 14. The Finarcial Accounting Standards Board develop accounting standards for public and nonpublic companies. 15. The AICPA issues the CPA certificates