A Recent Noteworthy Development in Relation to Australian Stock Exchange

question 29

Multiple Choice

A recent noteworthy development in relation to Australian Stock Exchange (ASX) -required disclosures is the establishment of the ASX Corporate Governance Council,and the issue of Principles of Good Corporate Governance and Best Practice Recommendations.In relation to these principles:

• A) All companies governed by the Corporations Act 2001 must abide by these principles and recommendations.
• B) The Australian Accounting Standards Board (AASB) has incorporated the principles and recommendations into the Accounting Framework.
• C) All ASX-listed companies are compelled by law to comply in entirety with these principles and recommendations.
• D) All ASX-listed companies are compelled to change their corporate governance systems to ensure total compliance with these principles and recommendations.
• E) All ASX-listed companies must follow these principles and recommendations, and where they have not, they must identify the fact that they have not and give reasons for not following them.

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Definitions:

Schizophrenia

A serious mental disorder characterized by disturbances in thought, perception, emotions, language, sense of self, and behavior, often resulting in hallucinations, delusions, and cognitive difficulties.

Bipolar Disorder

A mental health condition characterized by extreme mood swings that include emotional highs (manias) and lows (depressions).

Cognitive-behavioral Therapy

Cognitive-behavioral Therapy is a form of psychotherapy that treats problems by modifying dysfunctional behaviors, thoughts, and emotions.

Electroconvulsive Therapy

A psychiatric treatment where seizures are electrically induced in patients to provide relief from severe mental diseases, particularly major depressive disorder.