Which of the Following Is a Requirement of the CSA

question 31

Multiple Choice

Which of the following is a requirement of the CSA rules with respect to corporate governance reforms?

• A) creating an oversight committee composed of subordinate directors
• B) creating an audit committee composed of autonomous directors
• C) avoiding appointing a maverick individual to the position of chair
• D) avoiding circumstances that enable boards to act independently of management

---

Definitions:

Product Structures

The organization and hierarchy of components within a product, specifying how different parts are interconnected or assembled.

Market Structures

The organizational and other characteristics of a market that significantly affect the degree of competition and pricing within the market.

Cross-Functional Teams

Groups comprised of members from different departments or areas of expertise working together towards a common goal.

Divisional Focus

A strategic organizational approach that emphasizes the autonomy and specialization of divisions within a larger corporation.