The UK Corporate Governance Code Was Issued in 2010 in Relation

question 2

Multiple Choice

The UK Corporate Governance Code was issued in 2010 In relation to these principles:

• A)All companies governed by the UK Companies Act 2006 must abide by these principles and recommendations.
• B)The International Accounting Standards Board (IASB) has incorporated the principles and recommendations into the Conceptual Framework.
• C)All LSE-listed companies are compelled by law to comply in entirety with these principles and recommendations.
• D)All LSE-listed companies must follow these principles and recommendations, and where they have not, they must identify the fact that they have not and give reasons for not following them.

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Definitions:

Illusory Correlation

The perception of a relationship between two variables when no such relationship exists or the perception is stronger than the actual relationship.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, that can be tested through experimentation and observation.

Casual Impressions

Refers to the informal and intuitive judgments we make about others.

Correlation Coefficients

Statistical measures expressing the extent to which two variables move in relation to each other, ranging from -1 to 1.