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Which of the following best describes why publicly - traded corporations follow the practice of having the external auditor appointed by the board of directors
Which of the following best describes why publiclytraded corporations follow the practice of having the external auditor appointed by the board of directors or
elected by the stockholders?
Multiple Choice
To promote an adversarial relationship between the auditor and the corporation's management.
To enhance auditor independence from the management of the corporation.
To encourage a policy of rotation of the independent auditors.
To give management more teverage over the auditor's decisions.
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