9. Which of the following is NOT correct regarding the duties of the board of directors, and compliance with their duties? A Directors should demonstrate loyalty when acting for the benefit of third parties B I do not want to answer this question Directors should avoid conflicts of interest D Directors should act in good faith for those for whom they work E Directors should exercise high diligence and due care when acquiring or processing information 10. The problem with using the EBITDA metric is that: A It is before interest payments and hence misleading about the effect of debt B It is after costs and hence a reflection of the operational side of the business C It is before taxes and therefore it does not stand for cash flows free to be paid to debt and equity holders D It is adjusted for one-off items that are often recurrent, hence a source of potential manipulation E I do not want to answer this