Which of the Following Could Most Likely Have Prevented the Accounting

question 97

Multiple Choice

Which of the following could most likely have prevented the accounting scandals of the early 2000s and the global financial crisis?

• A) adopting a narrow shareholder perspective
• B) separating economic interests and social needs
• C) practicing effective corporate governance
• D) adopting the principles of shareholder capitalism

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Definitions:

Stimulate

To encourage something to grow, develop, or become active.

Young-Helmholtz Trichromatic Model

A theory of color vision proposing that the human eye has three types of receptors with different sensitivities to different light wavelengths.

Primary Color

Fundamental colors (typically red, yellow, and blue) that cannot be created by mixing other colors and from which other colors can be derived.

Trichromatic Theory

A theory of color vision that suggests the human eye has three types of receptors sensitive to different wavelengths of light, corresponding to red, green, and blue colors.