Which One of the Following Statements Is TRUE

question 15

Multiple Choice

Which one of the following statements is TRUE?

• A) one tool of corporate governance is monitoring management.
• B) one tool of corporate governance is the choice of how much dividends to pay.
• C) a company's matching contribution to a retirement plan is a nonpecuniary benefit
• D) one tool of corporate governance is stock repurchases.
• E) corporate governance is better when directors are also employees of the company so they know the business very well.

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Definitions:

Payable

Referring to money that is owed by one party to another and should be paid according to terms specified in a contract or agreement.

Definite Time

A specific and set period or moment that is clearly defined or determined.

Negotiable Instruments

Financial documents, such as checks or promissory notes, that guarantee the payment of a specific amount of money either on demand or at a set time.

Reference

The act of mentioning or alluding to something, or a citation of a text, document, or legal case to support a statement or argument.