Which of the Following Is a Valid Criticism of the CSA

question 68

Multiple Choice

Which of the following is a valid criticism of the CSA corporate governance polices adopted as "best practices" guidelines in June 2005 by the Canadian Securities Commissions?

• A) Enforced mandatory guidelines increase lifting of the corporate veil.
• B) They fail to nationally harmonize securities regulation policy.
• C) They fail to enforce effective oversight of the auditing profession.
• D) Non-mandatory guidelines are ineffective compared to enforceable deterrents.

---

Definitions:

Sociological Perspective

A viewpoint in sociology that looks at the behavior of individuals and how that behavior is influenced by the social forces and societal context in which they exist.

Twitter

A social media platform that enables users to post and interact with short messages known as tweets.

YouTube

A popular video-sharing platform that allows users to upload, view, and engage with a wide range of content, including educational, entertainment, and personal videos.

Homogenization of Culture

The process by which diverse cultures become more alike through the spread of symbols, values, and norms predominantly from Western countries to other parts of the world.