Monitoring Is Typically Done by

question 33

Multiple Choice

Monitoring is typically done by

• A)shareholders only.
• B)shareholders and the board of directors.
• C)shareholders, the board of directors, and independent accountants.
• D)shareholders, the board of directors, independent accountants, and lenders.

---

Definitions:

Tabula Rasa

A theory asserting that individuals are born without built-in mental content, and that all knowledge comes from experience or perception.

Blank Slate

The theory that individuals are born without built-in mental content and that all knowledge comes from experience or perception.

Human Knowledge

The accumulated factual information, understanding, and skills that humans acquire through experience, education, and learning.

Locke And Hobbes

John Locke and Thomas Hobbes were influential English philosophers; Locke is known for his theories on natural rights and government by consent, while Hobbes is famous for his social contract theory and views on the nature of human beings.