There is no conflict of interest between the shareholders and BoD and Managers

Related MCQs

• -------- refers to a set of prescriptions and practices that provide guidelines with regards to the effective control of a company in the best interest of its shareholders and other stakeholders.
• In case the Board of Directors fails to appoint first auditors, the shareholders shall appoint them at _______ by passing a resolution.
• The Cost auditor has to serve the interest of
• is issued when the auditor is completely satisfied that there is nothing objectionable
• The corporate governance framework consists of explicit and implicit contracts between
• This kind of audit is conducted generally between two annual audit ______.
• Corporate governance is the interaction between various participants in shaping company‟s performance. The participants included are
• The process of substantiation of assets and liabilities recorded in the books of accounts by physical inspection and examination of legal and official documents to form and expert opinion
• A systematic and independent examination of data ,statements,records,operations,and performance(financial or otherwise) for a stated purpose. In any auditing situation,the auditor perceives and recognizes the propositions before him for examination,collects evidence,evaluates the same and on the basis formulates his judgement which is,communicated through his audit report.” This definition is given by
• which of the following statements are true i. CSR has its roots in business ethics ii. CSR and business ethics are conceptually different iii. CSR and business ethics are synonymous iv. CSR and business ethics can be used interchangeably