Which of the Following Checks, When in Place, Reduces the Risk

question 25

Multiple Choice

Which of the following checks, when in place, reduces the risk of fraud or unethical behavior in a corporation?

• A)The participants of the governance process must be made accountable effectively.
• B)The roles of the chief executive officer and the chairperson of the board must be merged.
• C)The authority of the chief executive officer should be absolute and unchallenged.
• D)The company should follow the "comply or explain" approach to governance.

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Definitions:

New Culture

The development or establishment of new norms, values, traditions, and practices within a group, organization, or society.

Grasp

Implies the ability to understand or comprehend something clearly.

Cultural Adaptation

The process through which individuals or groups adjust to new cultural environments, integrating new norms and practices with their existing cultural identity.

Autonomy Stage

typically refers to a developmental phase where individuals seek to achieve independence and self-direction.