Given the Demands for Greater Accountability and Improved Performance,which of the Following

question 97

Multiple Choice

Given the demands for greater accountability and improved performance,which of the following is NOT a voluntary change many boards of directors have initiated?

• A)moving toward having directors from different backgrounds
• B)strengthening the internal management and accounting control systems
• C)compensating directors with stock options rather than with fixed remuneration
• D)establishing and using formal processes to evaluate the board's performance

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Definitions:

Social Networking

The use of internet-based platforms and websites to build social relations with other people who share similar personal or career interests, activities, backgrounds, or real-life connections.

Business Professionals

Individuals who work in areas related to commerce, such as finance, marketing, or management.

Claim Letter

A formal letter written to demand a correction or a payment due to unsatisfactory products or services received.

Persuasive Technique

A method or approach used to convince or influence someone to agree with a viewpoint, make a decision, or take action by appealing to logic, emotions, or ethics.