
Corporate Governance
Authored by Mypoly Audit
Business
University
Used 90+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?
integrity
acceptability
accountability
openness
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
External audit of the accounts of a limited company is required
at the discretion of the shareholders
because it is demanded by the company’s bankers
by the Companies Act 2016
to detect fraud
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Directors’ responsibilities are unlikely to include
a duty of care
a duty to keep proper accounting records
a fiduciary duty
a duty to propose high dividends for shareholders
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company may become insolvent if it
makes a loss
has negative working capital
cannot pay creditors in full after realisation of its assets
cannot meet its budgeted level of profit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A director of a limited company may not be liable for wrongful trading if he or she
introduced into the balance sheet an asset based on a valuation of its brands sufficient to meet any shortfall
brought in some expected sales from next year into the current year.
increased the valuation of its inventories to cover any potential shortfall
took every step to minimise the potential loss to creditors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Disqualification of directors may result from breaches under the
Companies Act 2016 and Insolvency Act 1986
Financial Services Act 1986
Sales of Goods Act 1979
Health and Safety at Work Act 1974
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following actions will not help directors to protect themselves from non-compliance with their obligations and responsibilities ?
Seeking professional help
Keeping themselves fully informed about company affairs
Ensuring that regular management accounts are prepared by the company.
Including a disclaimer clause in their service contracts
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
WACC and Dividend policy
Quiz
•
University
10 questions
Lecture 1&2 ACC1014
Quiz
•
University
10 questions
QUIZ 1
Quiz
•
University
10 questions
E-COMMERCE: MODERN PROBLEMS NEEDS MODERN SOLUTIONS
Quiz
•
University
10 questions
Income Taxation Quiz
Quiz
•
University
10 questions
Quality
Quiz
•
12th Grade - University
10 questions
Employability skills
Quiz
•
University
10 questions
Positive Values of Filipino Entrepreneurs
Quiz
•
University
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Business
18 questions
Valentines Day Trivia
Quiz
•
3rd Grade - University
12 questions
IREAD Week 4 - Review
Quiz
•
3rd Grade - University
23 questions
Subject Verb Agreement
Quiz
•
9th Grade - University
5 questions
What is Presidents' Day?
Interactive video
•
10th Grade - University
7 questions
Renewable and Nonrenewable Resources
Interactive video
•
4th Grade - University
20 questions
Mardi Gras History
Quiz
•
6th Grade - University
10 questions
The Roaring 20's Crash Course US History
Interactive video
•
11th Grade - University
17 questions
Review9_TEACHER
Quiz
•
University