Which of the Following Is a Responsibility of the Directors

question 15

Multiple Choice

Which of the following is a responsibility of the directors of a public company?

• A)To maintain an internal control system within the company
• B)To ensure financial statements are prepared showing a true and fair view of an organisation's financial situation
• C)To organise for financial reports to be audited
• D)All of the above

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Definitions:

Information Flow

The movement or transmission of data, knowledge, or signals from one point or part to another, especially within systems or networks.

Nerve

Large collection of axons coursing together outside the CNS.

Depolarization

The process in which a cell's membrane potential becomes less negative, moving towards zero, typically initiating nerve impulses or muscle contractions.

Resting Potential

Electrical charge across the insulating cell membrane in the absence of stimulation; a store of potential energy produced by a greater negative charge on the intracellular side relative to the extracellular side.