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Imagine you are an audit manager for Ali Timam and partners - an audit firm based in Muscat. You have just been asked by one

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Imagine you are an audit manager for Ali Timam and partners - an audit firm based in Muscat. You have just been asked by one of your existing clients, Zubair corporation, for help in compliance with corporate governance guidelines because they are about to obtain a stock exchange listing. They have sent you the following information. All the board members are appointed by Mr. Nasser al baluchi the CEO of Zubair corporation. You are required to identify from the following, whether it is a corporate governance weakness or strength and choose the correct recommendations. O a. No, it is not a weakness so no recommendation required O b. Yes, it is a weakness, however if shareholders agree CEO can appoint the directors c. Yes, it is a weakness and there should be an audit committee to set up and appoint all directors O d. Yes, it is a weakness and there should be a nomination committee to set up and appoint all directors

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