
Governance, Ethics, Risk Management and Internal Control Pre-Fin
Quiz
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Business
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University
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Easy
Jade Solana
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of governance in organizations?
To increase marketing efforts
To ensure operational efficiency
To set direction and control to achieve objectives
To reduce staff turnover
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a principle of good governance?
Transparency
Accountability
Monopoly
Fairness
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which theory focuses on aligning the interests of owners and managers?
Stakeholder Theory
Stewardship Theory
Institutional Theory
Agency Theory
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stewardship Theory assumes that managers are:
Opportunistic and self-serving
Committed to the success of the organization
Primarily accountable to shareholders
Motivated by external incentives only
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is emphasized in Stakeholder Theory?
Sole focus on shareholders
Maximizing executive salaries
Considering all parties affected by organizational actions
Reducing board independence
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The evolution of corporate governance practices has been influenced by:
Technological stagnation
Deregulation of industries
Corporate scandals and globalization
Decreased shareholder interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Governance affects organizational culture by:
Promoting uniform behavior across all firms
Reinforcing values and expected behaviors
Eliminating all risk
Standardizing all international operations
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