Which of the Following Is an Indication of Good Corporate

question 120

Multiple Choice

Which of the following is an indication of good corporate governance?

• A)A company has a board of directors made up entirely of the company's top managers,who have the most comprehensive knowledge of the company's business.
• B)A company has a set of financial statements that is simple and easy to understand.
• C)A company has an information processing system that was designed by its external auditors.
• D)A company has an audit committee that reports directly to the company's CFO.

---

Definitions:

Unintended Consequences

Outcomes that are not the ones foreseen and intended by a purposeful action.

Health Services

Organized provisions by public or private entities to maintain, improve, or manage the health and wellbeing of individuals or communities.

ADHD

Attention-Deficit/Hyperactivity Disorder, a neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that are disruptive and inappropriate for the individual's developmental level.

Task Group

A collection of individuals who come together with a specific goal or objective to perform a task or solve a problem.