Which one of the following does not describe the compensation committee’s responsibilities with respect to processes?

The responsibilities of a compensation committee in a corporate governance context primarily focus on matters related to executive pay and compensation strategies. This includes providing oversight on executive pay structures and assessing the effectiveness of compensation strategies to ensure they align with the organization's goals and performance.

When it comes to compliance, reviewing compensation issues related to regulatory requirements is also a key responsibility, as it ensures the company adheres to legal standards regarding executive compensation.

On the other hand, determining audits of vendors falls outside the typical scope of a compensation committee's duties. While vendor audits may involve financial or operational scrutiny, these are usually handled by other committees, such as the audit committee, which focuses on internal controls, financial reporting, and compliance with accounting standards.

Thus, identifying "determining audits of vendors" as a non-responsibility of the compensation committee clearly highlights that auditing vendor performance is not related to the compensation strategies or processes managed by the committee.