a. C. 5. It is not a legal requirement for entities to report on: sustainability b. financial position financial performance d. cash flows for the period 6. For a company, corporate governance responsibilities ultimately rest with: individual managers b. the board of directors the Registrar of Companies d. the shareholders a. c. 7. ABC Restaurant Sdn Bhd started the year with total assets of RM90,000 and total liabilities of RM40.000. During the year the business earned RM100,000 in income and incurred RM55.000 in expenses. Dividends paid were RM10,000. The profit for ABC for the period was: a. RM35,000 b. RM45.000 c. RM20,000 d. RM90,000