Which of the Following Was Not a Finding of the Cadbury

question 42

Multiple Choice

Which of the following was not a finding of the Cadbury Commission?

• A) Audit and compensation committees should be made up entirely of independent directors or, at least, have a majority of them.
• B) Auditors should be rotated, and there should be fuller disclosure of non-audit work.
• C) The CEO should not be chairman of the board, and at the very least there should be a lead independent director with similar agenda-setting powers.
• D) The CEO and the CFO should personally attest to the accuracy of the financial statements presented to shareholders.

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Definitions:

Sanitation Services

Public services that manage waste disposal, sewage, and cleanliness to maintain public health and environmental standards.

Racism

Prejudice, discrimination, or antagonism directed against individuals or groups based on their race or ethnicity.

Drug Addiction

A chronic disorder characterized by the compulsive use of drugs despite harmful consequences, leading to significant impairment or distress.

Psychological and Emotional Damage

Psychological and emotional damage involves harm to an individual's mental and emotional state, often resulting from traumatic experiences or events.