Which of the Following Is Considered to Be an Example

question 18

Multiple Choice

Which of the following is considered to be an example of good corporate governance according to the ASX principles?

• A) The appointment of a board of directors consisting of the company CEO, three company executives and one independent director.
• B) The appointment of an audit committee consisting of the audit partner and an independent auditor, and the company CEO and one company director.
• C) A board of directors that has intimate knowledge of the company's activities since their appointment 10 years ago when the company was formed.
• D) Rotating the lead external audit partner every five years.

---

Definitions:

Mirror Images

Objects that appear as if transformed along an axis, so that left and right are reversed, much like looking into a mirror.

Definition

A statement that explains the meaning of a term or a concept, providing a clear description of its essential qualities.

Hemoglobin

The red, iron-containing protein pigment in blood that transports oxygen and carbon dioxide and aids in regulation of pH.

Polypeptide Chains

Proteins are formed from long sequences of amino acids connected by peptide bonds, which then fold into unique three-dimensional shapes.