Bulgarian Public Sector Internal Auditor Exam Practice Questions - Bulgarian Public Sector Internal Auditor Certificate Exam (Вътрешен одитор в публичния сектор МФ) Exam

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Under Article 18 of the Public Sector Internal Audit Act (ЗВОПС), what is the statutory role and composition of the Audit Committee (Одитен комитет)?
Correct Answer:
A collective body consisting of 3 to 5 members (majority of whom must be external independent professionals) that coordinates, advises, and monitors internal audit effectiveness and reviews audit plans and reports

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