Which of the following situations is related to the opportunity factor of the fraud triangle? In an effort to increase the company's visibility before they go public. the company has issue various press releases projecting significant camings growth for the current year. During the current year, the company obtained a loan from First National Bank. The CEO has personally guarantecd this loan. The company does not appropriately monitor its internal controls. The company announced early in the current year that it would no longer be paying end of vear bonuses to its staff. Which of the following is the main objective of corporate governance? To develop an internal control system, so that the top-level managers concentrate on maximizing company's revenues. To ensure that the interests of top-level managers are associated with the interests of shareholders. To influence the lawmakers to pass laws that are associated with the company's interests. To settle conflicts among company's personnel. Answer Questions 4450 according to Texas State Board of Public Accountancy (TSBPA) Chapter 501 Rules of Professional Conduct According to TSBPA Rules of Professional Conduct, which of the following events must be reported to the board within 30 days of the date the licensee has knowledge of these events: 1. A felony 11. Any crime of which fraud or dishonesty is an element III. Any crime that involves alcohol abuse IV A speeding ticket I and II only 1. II and III II and IV only All of the above