The Principles of Good Corporate Governance Issued by the Australian

question 6

Multiple Choice

The principles of good corporate governance issued by the Australian Securities Exchange Corporate Governance Council apply to:

• A)all listed public companies except for NL companies.
• B)listed public companies.
• C)public companies.
• D)all companies.
• E)all business structures,including partnerships.

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Definitions:

Unshareable Financial Problem

A financial difficulty that is perceived as so embarrassing or stigmatizing that the individual feels it cannot be disclosed to others.

Rationalizing Away

Rationalizing away is the process of offering a rational, logical, or plausible reason for actions or attitudes that are actually motivated by different, often less acceptable reasons.

Fee Splitting

The practice where a professional shares a portion of their fee with another professional in exchange for a referral, considered unethical in many fields.

Outright Quackery

The promotion and sale of fraudulent or ignorant medical practices and products.