In Addition to Ethical Practices, Management Has an Obligation to Maintain

question 31

Multiple Choice

In addition to ethical practices, management has an obligation to maintain a set of processes and procedures to assure accurate financial reporting and protection of company assets.This obligation arises because:

• A)Many groups have expectations of management.
• B)Management has a stewardship obligation to investors.
• C)Management has an obligation to provide accurate reports to non-investors.
• D)All of the above are reasons for the obligation.

---

Definitions:

Telomeres

The caps at the end of each strand of DNA that protect chromosomes from deterioration or from fusion with neighboring chromosomes.

Cellular Aging

The process by which cells progressively lose functionality and the ability to divide, contributing to the aging of an organism.

Cancerous

Pertaining to cancer; describes cells that are malignant, characterized by uncontrolled growth and spread of abnormal cells.

Supercoiling

The over- or under-winding of DNA's double helix, affecting its access for replication, transcription, and repair processes.