16.Which of the following is popular compensation program that might not be transparent to investors?

Select one:

a. All of the above

b. Deferred compensation

c. Supplemental Executive Retirement plans

d. Golden parachutes

17.Which of the following is the shortcoming from the external search process?

Select one:

a. Lack of competition among search firms may limit the competition among executives for CEO positions

b. Companies could be limiting the size of the candidate pool due to a select group of recruiters

c. Experienced talent could be excluded from the pool

d. All of the above

18.Which company of the following factors would less likely influence a firm from becoming an acquisition target?

Select one:

a. Company with fundamentally weak performance

b. Company with a high debt level

c. Company which has valuable assets that might be underutilized

d. Company with strong cash flows

19.According to a NACD survey, most companies assign the responsibility of risk management to the:

Select one:

a. None of the above

b. Audit Committee

c. Special Risk Committee

d. Borad of Directors

e. Management

20.Which component of compensation involves the company purchasing an item and giving it to the employee for personal use?

Select one:

a. Perquisites

b. Restricted stock

c. Bonus

d. Contractual agreement

e. Performance units