CG3 Nugroho

What is the biggest difference between a Board of Directors and Audit Committee?

• Number of people

• Pay scale

• Age requirements

• One has independent or outside directors

A stakeholder is someone who ________________.

• wants to see the company's bottom line.

• answers to the board of directors.

• has a vested interest in a company's success.

• is hired to do a specific job.

Corporate governance can involve merging the roles of ______ and the ______.

• CFO / President

• COO / Vice President

• President / Vice President

• CEO / Chairman of the Board

Effective corporate governance included all of the following EXCEPT:

• Accoutability

• Fairness

• Effectiveness

• Residual Income

Having a checklist and mechanisms in place is a sure-fire way to ensure good corporate governance.

• True

• False

______ is a safeguard to ensure fiduciary responsibility.

• Audits

• Personal reports

• End-of-year financial ledgers

• A presidential system

A shareholder is _________________.

• Someone who is vested in the company's success

• Someone who sits on the board of trustees

• Someone who profits from the bottom line

• Someone who is worried about the carbon footprint of a company

All of the following are characteristics of effective reward and incentive systems, except:

• performance measures are clear and highly visible.

• the structure is fixed to assure employees of consistency.

• the compensation system is perceived as fair and equitable.

• objectives are well understood, and broadly accepted.

All of the following are types of information that all public corporations are required to disclose, except

• quarterly and annual filings of financial information.

• stock trading by insiders.

• details of new products under development.

• details of executive compensation packages.

What is the difference between shareholders and stakeholders?

• A shareholder is anybody who can affect or is affected by an organisation. A stakeholder owns part of a public company through shares of stock.

• A shareholder owns part of a public company through shares of stock. A stakeholder is anybody who can affect or is affected by an organisation