Which of the Following Statements Are True? Please Select All

question 10

Multiple Choice

Which of the following statements are true? Please select all that apply.

• A) Businesses have a wider duty of accountability than just to shareholders.
• B) The board of directors as a whole has a responsibility for ensuring that a satisfactory dialogue with shareholders takes place.
• C) Compliance with the listing rules ensures that boards of directors study the Corporate Governance Code to make sure that their companies comply with the Code.
• D) The annual report and accounts is the sole channel through which the board of directors communicates with the shareholders.

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Definitions:

Quintile Distribution

A statistical measure used to divide a population into five equal groups based on a particular variable, such as income.

Income Share

The portion or percentage of national income or personal revenue received by an individual or group, often studied in the context of economic inequality.

Social Stratification

Refers to the way in which society is organized into layers based on wealth, power, and status.

Hierarchical Structure

An organizational system arranged in levels of importance or authority.