6. A consultant makes two statements about public trust and professional accountants: X

1 Public trust in the reputation of the accountancy profession is linked to professional accountants upholding professional ethics

2 The accountancy profession's publicised structure for disciplinary action by ICAEW and the FRC undermines the profession's reputation and therefore public trust

Are these statements accurate?

A. Both 1 and 2 are accurate

B. Only 1 is accurate

C. Only 2 is accurate

D. Neither 1 nor 2 are accurate

2. In terms of Hofstede's cultural dimensions, the country of Frangium has a high power-distance (PD) score

Which of the following is an aspect of corporate governance that is likely to be seen in Frangium?

OA Reduced promotion of risk management and internal controls

OB. Increased emphasis on basing rewards on annual performance

OD. Reduced emphasis on separating the board roles of chair and CEO

OC. Increased number of non-executive directors on the board