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After the end of each financial year, a company undertakes the following actions: (i) prepares an annual report and accounts and makes a copy available
After the end of each financial year, a company undertakes the following actions:
(i) prepares an annual report and accounts and makes a copy available to each shareholder
(ii) holds an Annual General Meeting at which shareholders can ask questions of the board of directors.
Which of these two actions represent the performance of accountability?
a.
Neither (i) nor (ii)
b.
Both (i) and (ii)
c.
(i) but not (ii)
d.
(ii) but not (i)
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