Choice "B" is correct. In the financial reports, the issuer must disclose the existence of financial expert(s) on the committee or the reasons why the committee does not have a financial expert.
Choice "a" is incorrect. Although the SEC proposed requirements that the name of the financial expert be disclosed, the Sarbanes-Oxley Act only requires that the existence of a financial expert(s) (or lack thereof) be disclosed.
Choice "c" is incorrect. The financial expert is not required to report on the audit opinion.
Choice "d" is incorrect. Although audit committee members are required to be independent and the SEC has proposed disclosure of independence, certification of independence is not required in financial reports under the Act.