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Corporate Governance
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Corporate Governance
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18 Questions

1. Stuff owned and valued within the last 12 months

2. Engaged in the daily business of the company - normally - is also a a shareholder.

3. Stuff owned and valued more than 12 months ago

4. People who lend money

5. The person responsible for the financial corporate governance. Normally smaller businesses has a Chief Financial Officer

6. Revenue or expense amounts that have been accumulating for the business but have not been recorded in the journal(s).

7. The group of the directors responsible for governing the company on behalf of the shareholders.

8. The amount owed to Creditors is normally certain i.e. what is invoiced -

9. Direct fraud - Mismanagement - mistake or error by Board of directors - or Off balance sheeting items to help the board of directors to achieve their bonuses

10. Stuff that the company invested into which holds value; e.g. : research - patent/warrant - license - logo

11. Owners of a stewardship

12. Shareholders expect Directors to act in their best interests and select suitable investment strategies. Two extreme positions may be considered:

13. People who owe you money

14. A Function on the Board for administering the proper proceedings of the Board of Directors.Also ensures the company operates within the relevant legislation - principally the Companies Acts.May have a legal or financial background.

15. Under the Companies Acts the company must file annual accounts at Companies House for public record. According to the size and status of the company i.e. Private or Public - large - medium or small company as defined by the Companies Act - the ext

16. The set of processes - customs - policies - laws - and institutions affecting the way a corporation (or company) is directed

17. The Shareholders must have trust in the Directors - Chairman and Auditors of their company. Debt Holders - the Banks - Business Creditors provide funds to corporate business on the basis of Trust and Contract - relying heavily on the mechanisms o

18. Agents of a stewardship