Which of the Following Best Describes the Role of Corporate

question 1

Multiple Choice

Which of the following best describes the role of corporate governance?

• A)Management decides which accounting principles are the most appropriate.
• B)Shareholders vote to decide who should be members of the board of directors.
• C)Holding the management team accountable to shareholders and other constituents for the utilization of the entity's resources.
• D)Management often is compensated based on the company's profitability.

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Definitions:

National Origins Act

A United States federal law enacted in 1924 that limited the number of immigrants allowed entry into the United States through a national origins quota.

Visas

Official documents or endorsements contained within passports that allow the bearer to enter or leave a territory for a specified purpose, such as tourism, education, or employment.

Resided

To live in a particular place or have one's home in a specific location.

Immigrant Communities

Groups of people from the same country or culture who live together in a foreign country, often sharing social, economic, and cultural ties.