Which of the Following Is a Positive Area Identified in the 2008

question 17

Multiple Choice

Which of the following is a positive area identified in the 2008 IFAC report "Financial Reporting Supply Chain-Current Perspectives and Directions"?

• A) Governance not in name but in spirit
• B) Limited liability for directors and senior management
• C) More transparency in reporting
• D) Good relation of remuneration to performance

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Definitions:

Role Distancing

The process of separating oneself emotionally and mentally from a role that one is expected to play, often to avoid full identification with the role.

Status Cues

Visual or verbal indicators that help individuals to assess or determine others' social position or rank within a hierarchy or group.

Social Interaction

The process by which individuals act and react in relation to others.

Fear, Envy, Trust

Emotional states or feelings; fear is an emotion induced by perceived danger, envy arises from desiring others' qualities or possessions, and trust is the confidence in the reliability or truth of something or someone.