Question
9- The corporate governance approach that prescribes precise practices that are required or recommended to ensure good corporate governance, is: A) Rule-based approach B) Principles-based
9- The corporate governance approach that prescribes precise practices that are required or recommended to ensure good corporate governance, is:
A) Rule-based approach
B) Principles-based approach
C) Both A and B are correct answers
D) None of the above answers is correct one
10-The corporate governance approach that identifies general rules and allows the managers to consider situational practices, is:
A) Rule-based approach
B) Principles-based approach
C) Both A and B are correct answers
D) None of the above answers is correct ones
11-the annual report of a corporation comprises:
a-compulsory-disclosed information
b-voluntarily-disclosed information
c- a and b
d-none of the above answers is correct answer
12- in order to report activities assumed to be relevant but not required by the accounting standards, the management could use the
a-mandatory disclosure
b-compulsory disclosure
c- Voluntary disclosure
d- none of the above answers is correct answer
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