Top 150+ Solved Auditing Corporate Governance MCQ Questions Answer
Q. The goal of corporate governance and business ethics education is to:
a. Teach students their professional accountability and to uphold their personal Integrity to society
b. Change the way in which ethics is taught to students
c. Create more ethics standards by which corporate professionals must operate
d. Increase the workload for accounting students
Q. Good corporate governance helps to minimize:
a. Wastages
b. Corruption
c. Risks and mismanagement
d. All of the above
Q. Benefits of Corporate governance:
a. Lowers the capital cost
b. Ensures corporate success and economic growth
c. Gives positive impact on the share price
d. All of the above
Q. The framework for establishing good corporate governance and accountability was originally set up by the
a. Nestlé Committee
b. Cadbury Committee
c. c)Rowntree Committee
d. Thornton Committee
Q. Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?
a. Accountability
b. Acceptability
c. Openness
d. Integrity
Q. Which of the following is not pillars of corporate Governance
a. Accountability
b. Reliability
c. Fairness
d. Transparency
Q. The theory based on the concept of separation of ownership and control.
a. Agency Theory
b. Stewardship Theory
c. Stakeholder Theory
d. None of the above
Q. There is no conflict of interest between the shareholders and BoD and Managers
a. Agency Theory
b. Stewardship Theory
c. Stakeholder Theory
d. None of the above
Q. The key players of Anglo-Saxon model of Corporate Governance
a. Management, directors and shareholders
b. Banks and shareholders
c. Partner, keiretsu, management and Government
d. Government
Q. ________is transaction in securities of the company by an insider on the basis of unpublished price sensitive information
a. Insider trading
b. Outsider trading
c. Investor trading
d. None of the above
Q. A person who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organisation that is either private or public
a. Whistle blower
b. Legal protector
c. Broker
d. None of the above
Q. Which of the following is not a model of corporate governance?
a. American model
b. English model
c. Indian model
d. Japanese model
Q. In which of the following countries German Model of corporate governance isnot prevalent
a. Switzerland
b. Austria
c. Poland
d. Netherland
Q. Which of the following committee is appointed under the initiative ofGovernment of India on corporate governance?
a. Kumar Mangalam Birla Committee
b. Naresh Chandra Committee
c. Narayana Murthy Committee
d. None of the Above