QUESTION 7 Select from the following a factor that does not relate to the reduction of agency costs. O tying managerial compensation to share price performance O having a board of directors.in the company O Existence of internal and external auditors O Paying executive directors huge bonuses that are not related to their performance QUESTION 8 Which of the following bodies are key regulators of Australian businesses; I Australian Prudential Regulatory Authority (APRA) If Industrial Protection Agency III Australian Securities Exchange IV Australian Securities and Investments Commission O I and IV 1, III and IV II, Ul and IV I, II, III and IV

QUESTION 7 Select from the following a factor that does not relate to the reduction of agency costs. O tying managerial compensation to share price performance O having a board of directors.in the company O Existence of internal and external auditors O Paying executive directors huge bonuses that are not related to their performance QUESTION 8 Which of the following bodies are key regulators of Australian businesses; I Australian Prudential Regulatory Authority (APRA) If Industrial Protection Agency III Australian Securities Exchange IV Australian Securities and Investments Commission O I and IV 1, III and IV II, Ul and IV I, II, III and IV

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The statement about auditor independence that iThe correct statement regarding the regulation of professional ethics for accountants is: Select one: A. The government is the regulator. B. CPA Australia and the ICAA are the regulators. C. There is co-regulation between the professional bodies and the government. D. There is no current regulation.s true is: Select one
What impact did the Asian financial crisis in the late 1990s and the corporate scandals in the United States in this century have on the auditing profession? Multiple Choice Reputation for being the watchdogs of financial reporting integrity was reduced. CPAS were no longer allowed to provide external audit services for multinational corporations. O Regulation of the external auditing profession was reduced External auditors were required to sit on the boards of directors of multinational corporations. S What impact did the Asian financial crisis in the late 1990s and the corporate scandals in the United States in this century have on the auditing professioni Reption for being the watchdogs of financial reporting integrity was reducied C Regulation of the evema autsing profession was reduced CM were no longer allowed to provide sinemal uit services for mutnaloal corporations Exaludos were required to sit on the boards dreoms of mutinational corporations
Agency costs are -‒‒‒‒‒‒ O costs that managers bear when they do not act in the interests of shareholders O costs that shareholders bear because managers pursue their own interests rather than acting in the interests of shareholders O costs that firms must pay to comply with the regulations imposed by federal government agencies O costs that are exempt from taxation
Which statement is most TRUE regarding Corporate Social Responsibility (CSR) Reporting as of April, 2022? [Most choices are blatantly, outrageously false. This is a fluid area so next year the answer may be different] a. In the U.S., the PCAOB exercises responsibility for setting CSR standards. b. There are no requirements for CSR Reporting for publicly-traded U.S. companies c. In the U.S., the SEC has delegated standard-setting for CSR to the AICPA. d. The FASB has agreed to endorse the use of IASB standards, by U.S. companies, for their CSR reports
I need the answer as soon as possible
(Do not provide AI Content otherwise i will dislike) What is a primary focus of performance measurement in public sector accounting? a) Maximizing shareholder wealth b) Achieving profitability c) Enhancing service delivery and accountability d) Minimizing tax liabilities
The banking crisis in Ghana in recent times has continued the concerns about corporate governance. Elsewhere, both Sarbanes-Oxley Act (US) and the Combined Code (UK) have emphasised the importance of an independent board structure. Explain why agency theorists recommend an independent board structure and with reference to the empirical studies on board structure and firm performance assess the extent to which an independent board helps solve the agency problem. Recommend and justify whether voluntary based or rule-based approach to corporate governance is appropriate for Ghana. Is corporate governance failure a contributing factor to the collapse of the financial institutions in the recent crisis in Ghana?
“Audit committees do not prepare financial reports, nor do they conduct audits. But they have an essential role to play in ensuring the integrity and transparency of corporate reporting” – explain what is the role of an audit committee in ensuring the integrity and transparency of corporate reporting? Is an audit committee mandatory in Australia?
Which law or regulation requires that public companies must maintain strong internal control systems?a. Dodd-Frank Actb. Sarbanes-Oxley Actc. Securities and Exchange Act of 1933d. Treadway Commission
Please do not provide AI generated solution otherwise i will dislike.
Answer on these three senarios: Senario 1: Evaluate the essential trade-off faced by government in designing regulation of public firms? Senario 2: Discuss the essential trade-off faced by government in designing regulation of public firms? Senario 3: Many of the provisions of the Sarbanes-Oxley Act of 2002 were aimed at auditors.How does this affect corporate governance? Critically analysis.
Please answer all 3 subparts Question 1 (i) Which of the following statement is correct concerning two-tier boards?A. The management board consists entirely of non-executive directors.B. The supervisory board has the responsibility for risk management and for thepreparation of the annual financial statement.C. The management board is led by the Chairman who is the CEO of the company.D. The supervisory board is responsible for managing the company. (ii) Who are key players, according to the firm definition of corporate governance:A. ManagementB. ShareholdersC. All stakeholdersD. The independent board (iii) Which of the following is not a statutory duty of a director?A. Duty to disclose any money received in connection of a transfer of company property.B. Duty to exercise due diligence in their work.C. Duty to contribute an appropriate sum of money to the board on joining the company.D. Duty to keep proper accounting records and make such records available for inspection.

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