Governance issues include the following except; Select one: a. Disclosure and transparency b. Role of stockholders c. Rights and treatment of shareholders d. Responsibilities of the board

Q: What is the nomination process of the Board members and how many board members have been selected?

A: Board members  are nominating by a nominating committee, but board member can also nominated by…

Q: The agency problem underlies the need for sound corporate governance. In this context, the 'agents'…

A: The agency problem is a conflict of interest inherent in any relationship where one party is…

Q: What is the common agency problem faced by shareholders? Describe TWO (2) situations in which…

A: When the conflicts of interest arise between any relationships then it is referred as agency…

Q: Discuss ethical considerations in relation to conflict of interest, confidentiality and disclosure…

A: While conducting duties by the director of the company when signing off on company reports must…

Q: From the options enunciated here under identify the external user of financial information. a.…

A: Users of financial information are categorised into 2 types external and internal users…

Q: Corporate officers are Group of answer choices  elected by the shareholders.  appointed by the board…

A: Corporate officers are individuals who are responsible to for day to day operations of the company.…

Q: Explain the role of agency conflicts between managers, shareholders, and bondholders in corporate…

A: In simple term agency problem refers to the conflict of interest between the interest of the…

Q: Who appoints the internal auditor? a. Management b. Government c. External stakeholders d. Members

A: Internal auditor performs internal audit functions.

Q: Which of the following is NOT a dimension of corporate governance:     Select one: a. Suppliers…

A: Corporate Governance Corporate governance is a structure or a system of organization's rules,…

Q: Which of the following stakeholders rely on internal audit report? a. General public b. Investors c.…

A: Audit is the examination or review of books of account in order to ensure that whether these…

Q: While addressing the auditor’s report by an auditor whom does it is addressed to depending upon the…

A: The auditor's report would be required to address according to the circumstances. Generally, the…

Q: What is the meaning of Chief accountant of the SEC?

A: Securities Exchange Commission (SEC): This is the government agency that governs the working of…

Q: 44. All are found in the By laws, except: Group of answer choices Rights and obligations of a…

A: Bylaws are the rules and regulations that a company has to follow to run its business. It is a…

Q: conflicts that might exist in the relationship between’ i) Shareholder and managers

A: Agency relationships are relationships which exists between two parties. One party called as the…

Q: corporate gover

A: The link is given as,

Q: Question: In corporate governance, what is the primary function of an audit committee? A) Financial…

A: Corporate Governance is the set of rules, practices and processes that guide how a company is run…

Q: Board of Director

A: Correct Answer :- D Board  of Director.

Q: These are the persons elected and designated by the shareholders who are responsible for the…

A: Company although owned by various owners is controlled and managed by a few selected individuals who…

Q: Which of the following statements about desirable attributes of accounting standards boards is most…

A: Accounting standards boards should not concede to political pressures because then it will not be…

Q: What are the roles and responsibilities of independent members of the board of directors with…

A: Independent members of the board of directors play a critical role in risk management and corporate…

Q: example disclosure/s on audited financial statements

A: IFRS 13 provides that fair value means amount received while selling an asset or amount paid to…

Q: Stakeholders include any one who has financial interest stake or claim in an organization and or…

A: The Stakeholders include any person or entity which is affected by the decision of the entity and…

Q: According to the GAM for NGAs, the responsibility over financial statements rests with the entity’s…

A: The question is based on the concept of Accounting theory.

Q: Audit committee activities and responsibilities includewhich of the following?a. Selecting the…

A: Audit is the process of checking and verifying books of accounts in order to check authenticity and…

Q: Who has power to decide the external auditor's remuneration?Single choice. Shareholders can…

A: External auditor is entrusted with the task of conducting a detailed examination of financial…

Q: In general, internal auditors' independence will be greatest when they report directly to the:…

A: Internal Control: Internal control refers to the identifying and assessing the risk material…

Q: A company’s controller is least concerned with: a. Provision of capital b. Information processing…

A: Controllers refer to a person in a company who managed the financial departments which is helpful in…

Q: Describe the organization of public accounting firms and the composition of the audit teams

A: Public accounting firms: Public accounting firms are service organizations providing specialized…

Q: escribe the necessity, purpose and potential makeup of a board of director

A: For public companies having a proper board of directors is important. This is because public…

Q: 1. The role of overseeing/giving advice on standard setting processes of AASB & AUASB lies with:…

A: The question is related to Australian Accounting Standards Review Board develops and maintains…

Q: Which of the following are in keeping with Corporate Governance?     a   Shareholders own the…

A: Corporate governance is a set of systems on the back of which a company moves forward in a…

Q: Which of the following parties is responsible for the fairness of the representations made in…

A: Financial statements are the reports prepared to help the stakeholders to analyze the financial and…

Q: HOW ? Explain the problems identified over the years in relation to risk management and…

A: Risk-taking motivates businesses to advance and achieve significant rewards. Profitability makes…

Q: The techniques and practices of management accounting are usually constrained by: Select one: O A.…

A: Managerial accounting, also called management accounting, is a method of accounting that creates…

Q: 17.  Which of the following is an example of information intermediary?   Select one: a. Internal…

A: Individuals and groups who gather, analyze, and interpret data and report their results to others.…

Q: The method by which a firm is being governed, directed, administered, or controlled is O a.…

A: Q 11 ) The method by which a firm is being governed, directed, administered, or controlled isQ 12)…

Q: While listing the functional Committees of the Board and explaining their significance, explain the…

A:

Q: Corporate governance

A: Correct Answer :- A Corporate Governance

Q: That companies must follow the laws and regulations including company law, tax law and environmental…

A: Internal controls are policies incorporated by the Management to safeguard the assets of the…

Q: The committee of the board of directors who is in charge of monitoring circumstances that might…

A: In an organisation, various type of committees are being made and every committe has its purposes,…