1.Many advantages can be obtained from corporate governance information and can be passed on to different stakeholders including, bondholders, investors, and shareholders A. True B. False 2. the importance of corporate governance and the need for its applieation, because the separation of ownership and control, A. True B. False 3. It is the responsibility of internal audit to design and monitor controls that reasonably assure that objectives are met. A. True B. False 4.Business Analyst for Credit Risk reviews and assesses the financial history of a person or company to determine if they are good candidate for loan A. True B. False 5.In 1999, the OECD issued the principles of corporate governance, which represent a guide by which each company should follow. A. the corporate governance framework should protect the rights of shareholders and their ownership interests. B. the corporate governance does not ensure equitable treatments of shareholders. C. corporate governance does not help develop efficiency and performance of corporations in the market. D. corporate governance does not assist in the monitoring role of managing. 6. Which of the following is not a responsibility of audit committees? A. Relations with the independent auditor. B. Reviewing corporate reporting processes. C. Monitoring management. D. Management compensation