1- External factors of failure include of the following, except:

A- Fast technology improvements

B- Depression

C- International financial crises

D- Weak financial management of the company

2- The most important cause of failure according to the literature- is:

A- Fast technology improvements

B- Some management inadequacies

C- International financial crises

D- Weak financial management of the company

3- According to Hamilton and Miclethwait: the main causes of failure include all of the followings, except:

A- Greed

B- Desire of power

C- Effective controls

D- Over expansion

4- The most reliable bankruptcy prediction models is:

A- The Z-score

B- The CAMEL-model

C- A and B

D- None of the above

5- Corporate governance is: A- Coherent system of concepts that underlie financial reporting B- A term referring to management's choosing to voluntarily disclose non-compulsory information in annual reports C- The system by which corporations are directed and controlled, D- A set of broad principles that provide the basis for guiding actions or decisions