WorksheetsCorporate Governance
Total questions: 10
Worksheet time: 7mins
To whom does the shareholders delegate responsibilities in running the business as a whole?
Management
Employees
Board of Directors
Accountants
They are the ones that ensure financial statements are free from material misstatements
External Auditors
Independent Directors
Board of Directors
BIR
They are the people responsible in conducting the CPALE in the Philippines
Philippine Institute of Certified Public Accountants
National College of Business and Arts
Securities and Exchange Commission
Board of Accountancy
They provide oversight of the internal and external audit function and the process of preparing the annual financial statements
Audit Committee of the Board of Directors
Management
Accountants
Board of Accountancy
In order to have good governance in an organization, this major characteristic must be present
Connections
Wealth
Accountability
Good Looks
There is no simple U (a) formula for good governance.
(yes, the 9-letter word starts with 'U')
To whom do shareholders delegate responsibilities? (Check as many as correct possible answers)
Board of Directors
Management
Consumers
Internal Auditors
This is one of the many responsibilities the shareholders entrusted to management
Answer all Complaints
Financial Transparency
Win every Lawsuit
Take sides during shareholders' meeting
What is the title of the Chapter to be discussed?
Introduction to Corporate Governance
Corporate Governance Responsibilities and Accountabilities
Securities and Exchange Commission Code of Corporate Governance
Business Ethics
What do you (really) want to be? Do you want to pursue that dream of yours after college?
