Corporate Governance MCQs

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Which of the following is not generally a power of the board of directors of a corporation?






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Which of the following forms of compensation would encourage management to take on excessive risk?






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Which of the following is not true concerning corporations?






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Which of the following is not a right of the shareholder of a corporation?






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Which of the following actions normally requires shareholder approval?






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To which of the following rights is a stockholder of a public corporation entitled?






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Which of the following is correct with respect to the rights of stockholders in a corporation?






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A corporate stockholder is entitled to which of the following rights?






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Which of the following best identifies the reason that effective corporate governance is important?






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The articles of incorporation and bylaws of a corporation serve as a basis for the governance structure of a corporation. Which of the following ite...






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Which of the following forms of compensation would most likely align managements behavior with the interests of the shareholders?






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Which of the following is not a duty that is typically reserved for the board of directors of a corporation?






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Which of the following is a legal rule that prevents directors from being held liable for making bad decisions if they act with good faith, loyalty,...






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Which of the following is not a requirement of the New York Stock Exchange regarding corporate governance of companies listed on the exchange?






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Which of the following does not act as an external corporate governance mechanism?






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The Sarbanes-Oxley Act provides that at least one member of the audit committee should be






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Which of the following is not a statutory requirement regarding the committees of the board of directors of publicly held corporations registered wi...






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Which of the following is necessary to be an audit committee financial expert according to the criteria specified in the Sarbanes-Oxley Act of 2002?...






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Which of the following is not a requirement of the Wall Street Reform and Consumer Protection (Dodd-Frank) Act for publicly held corporations regist...






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Which of the following is most effective as an external monitoring device for a publicly held corporation than the others?






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An important corporate governance mechanism is the internal audit function. For good corporate governance, the chief internal audit executive should...






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In setting priorities for internal audit activities, the chief audit executive should






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The Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing cover what two major types of interna...






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According to the International Standards for the Professional Practice of Internal Auditing






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Which of the following is not a section of the Institute of Internal Auditors International Standards for the Professional Practice of Internal Aud...






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Securities analysts act as one form of monitoring device from a corporate governance standpoint. What is a limitation that is often identified when c...






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Which of the following divisions of the SEC reviews corporate filings?






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According to the Sarbanes-Oxley Act of 2002, which of the following statements is correct regarding an issuers audit committee financial expert?