Who is responsible for the appointment of the auditor to a company

a the australian securities and investment commission

b the audit committee of the company

c the members of the company

d the managing director of the company

As a general rule, the auditor is appointed by the shareholders at the annual general meeting. Which of the following is not true concerning the appointment of an auditor?

a. In practice the shareholders generally accept the recommendations of the directors concerning the appointment

b the appointment stands for 12 months until the next annual general meeting

c the company is liable to pay reasonable fees and expenses of the auditor.

d.an auditor ceases to hold office after a company goes into liquidation

The Corporations Act requires that auditors are competent. To be suitably qualified the person must:

a be a member of the ICAA, CPA Australia, the National Institute of Accountants or other prescribed body.

b hold a degree, diploma or certificate from a university or other prescribed body.

c be a fit and proper person to be registered as an auditor.]

d all of the above.