The audit committee reports directly to the cash flows to, Financial Management

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The audit committee reports directly to the cash flows to

1. The audit committee reports directly to the

A board of directors.

B chief executive officer.

C external auditor.

D internal auditor.

2. The owners of a _____ have limited liability for financial obligations.

A corporation

B general partnership

C limited partnership

D sole proprietorship

3. Cash flows to stakeholders of a firm include

A equipment contributed by the owner.

B interest and principal payments.

C impairment of goodwill.

D depreciation expense of an asset.

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