corporate governance 1-quiz

corporate governance 1-quiz

Professional Development

10 Qs

quiz-placeholder

Similar activities

Galaxy Z fold 2

Galaxy Z fold 2

Professional Development

11 Qs

TRY OUT PRODASAR

TRY OUT PRODASAR

Professional Development

15 Qs

Toward the Future of Organization

Toward the Future of Organization

Professional Development

10 Qs

Nieuwe maatregelen 2019 - 2020 en enkele leuke weetjes over onderwijs

Nieuwe maatregelen 2019 - 2020 en enkele leuke weetjes over onderwijs

Professional Development

13 Qs

Flight Preparation & Flight Plan Quiz

Flight Preparation & Flight Plan Quiz

Professional Development

10 Qs

NOVA MNT - KBC

NOVA MNT - KBC

Professional Development

12 Qs

Maslow's theory test

Maslow's theory test

Professional Development

12 Qs

Accounting Assumptions and Principles

Accounting Assumptions and Principles

Professional Development

12 Qs

corporate governance 1-quiz

corporate governance 1-quiz

Assessment

Quiz

Professional Development

Professional Development

Medium

Created by

kelum S

Used 78+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which is NOT TRUE about the needs for corporate governance?

To avoid mismanagement

To enable companies operate more efficiently, to improve access to capital, mitigate risk and safeguard stakeholders

To increase the accountability of your company and to avoid massive disasters before they occur

To analyze of an organization's operations and maintenance of systems of internal controls can help detect and prevent various forms of fraud and other accounting irregularities.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is BEST definition for Corporate Governance?

A system of law and sound approaches by which corporations are directed and controlled focusing on the internal and external corporate structures with the intention of monitoring the actions of management and directors and thereby mitigating agency risks which may stem from the misdeeds of corporate officers

A part of regulatory and market mechanisms, the roles and relationships between a company’s management, its board directors, its shareholders and other stakeholders, and the goals for which the corporation is governed

Essentially involves balancing the interests of a company's many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community.

Refers to the way a corporation is governed. It is the technique by which companies are directed and managed. It means carrying the business as per the stakeholders' desires

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What is the main functions of Audit Committee?( you can mark more than one option)

Reviews issues of accounting policy and presentation of external financial reporting

Monitors the work of the internal function

Ensures that an objective and professional relationship is maintained with the external and internal audit

Ensures organization in managed in a manner that fits the best interests of all.

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is NOT the roles of audit committee?

Review the work of internal audit

Review the system of internal control.

Appropriate resources are committed to companies.

May launch special investigations

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Key players in good corporate governance are

Directors and management of corporation

Audit committee members

Internal and External auditors

Shareholders

All of the above

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?

integrity

acceptability

accountability

openness

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Directors’ responsibilities are unlikely to include

a duty of care

a duty to keep proper accounting records

a fiduciary duty

a duty to propose high dividends for shareholders

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?

Discover more resources for Professional Development