Which of the following committees of a board of directors reviews and approves salaries of high-level corporate executives?

A) Executive committee
B) Compensation committee
C) Nominating committee
D) Audit committee

Compensation Committee

A committee within a board of directors, responsible for recommending policies on executive compensation, including salaries, incentives, and benefit plans.

Audit Committee

In corporation law, a committee of the board that recommends and supervises the public accountant who audits the corporation’s financial records.

Executive Committee

A subgroup of an organization's board or leadership that makes key decisions between full board meetings or manages certain aspects of the organization's operations.