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NEW QUESTION: 1
Which of the following statements are true ?
I. Risk governance structures distribute rights and responsibilities among stakeholders in the corporation II. Cybernetics is the multidisciplinary study of cyber risk and control systems underlying information systems in an organization III. Corporate governance is a subset of the larger subject of risk governance IV. The Cadbury report was issued in the early 90s and was one of the early frameworks for corporate governance
A. All of the above
B. I and IV
C. II and III
D. I, II and IV
Answer: B
Explanation:
Explanation
Governance structures specify the policies, principles and procedures for making decisions about corporate direction. They distribute rights and responsibiliies among stakeholders that typically include executive management, employees, the board etc. Statement I is therefore correct.
"Cybernetics is a transdisciplinary approach for exploring regulatory systems, their structures, constraints, and possibilities. In the 21st century, the term is often used in a rather loose way to imply "control of any system using technology" (Wikipedia). Governance literature has been affected by cybernetics, which is not the same thing as information security or cyber security. Statement II is incorrect.
Corporate governance includes risk governance, and not the other way round. Therefore statement III is incorrect.
The Cadbury Report, titled Financial Aspects of Corporate Governance, was a report issued in the UK in December 1992 by "The Committee on the Financial Aspects of Corporate Governance". The report is eponymous with the chair of the committee, and set out recommendations on the arrangement of company boards and accounting systems to mitigate corporate governance risks and failures. Statement IV is therefore correct.
NEW QUESTION: 2
A shareholder right found in many corporate charters is the preemptive right which provides:
A. the right of shareholders to choose the corporation's auditor.
B. the right to purchase shares of new stock and maintain pro-rata ownership interest.
C. the right to prevent the company from setting certain board agenda items.
D. the right to choose directors through cumulative voting.
Answer: B
NEW QUESTION: 3
Why would you lock a Case?
A. to prevent the Case from being seen in the Resource List
B. to preserve the state of the Case
C. to prevent others from modifying the Case while you edit or attach something to the Case
D. to close and archive a Case
Answer: C
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