18. Under the Sarbanes-Oxley Act of 2002, to whom does the audit committee report?

    1. A) management of the corporation

    2. B) external auditor

    3. C) board of directors

    4. D) internal audit department

19. Under the Sarbanes-Oxley Act of 2002, who is responsible for hiring the independent auditor?

    1. A) management

    2. B) audi tcommittee

    3. C) government who has jurisdiction over the corporation

    4. D) American Institute of Certified Public Accountants (AICPA)