Auditing Corporate Governance MCQs and Notes

M

Mr. Dubey • 52.30K Points
Coach

Q 31. The four pillars /principles of corporate governance

(A) Accountability, fairness, transparency and independence
(B) Accountability, agency, transparency and regulatory
(C) Regulatory, fairness, independence and transparency
(D) Accountability, cooperation, fairness and independence

M

Mr. Dubey • 52.30K Points
Coach

Q 32. Corporate governance code in the United Kingdom was set up in 1992 by the

(A) Thornton Committee
(B) Rowntree Committee
(C) Cadbury Committee
(D) Nestlé Committee

M

Mr. Dubey • 52.30K Points
Coach

Q 33. Which of the following is the major corporate collapses arising out of scam in India

(A) Kingfisher Airlines
(B) Enron
(C) WorldCom
(D) Maxwell Communication

M

Mr. Dubey • 52.30K Points
Coach

Q 34. Which of the following statement is most appropriate regarding common governance problems in corporate failures

(A) Failure of Board of Directors
(B) Failure of Internal Control
(C) Inadequate Regulatory Mechanisms
(D) All of the Above

M

Mr. Dubey • 52.30K Points
Coach

Q 35. Which of the following is not related to corporate governance reforms in India?

(A) Enacting the Companies Act, 2013
(B) Setting up of Securities Exchange Board of India
(C) Scrapping of the Capital Issues Control Act, 1947
(D) Banking Regulation Act, 1949.

M

Mr. Dubey • 52.30K Points
Coach

Q 36. Which of the following committee is appointed under the initiative of Government of India on corporate governance?

(A) Kumar Mangalam Birla Committee
(B) Naresh Chandra Committee
(C) Narayana Murthy Committee
(D) None of the Above

M

Mr. Dubey • 52.30K Points
Coach

Q 37. In which of the following countries German Model of corporate governance is not prevalent

(A) Switzerland
(B) Austria
(C) Poland
(D) Netherland

M

Mr. Dubey • 52.30K Points
Coach

Q 38. Which of the following is not a model of corporate governance?

(A) American model
(B) English model
(C) Indian model
(D) Japanese model

M

Mr. Dubey • 52.30K Points
Coach

Q 39. The primary stakeholders are

(A) Customers.
(B) Suppliers.
(C) Shareholders.
(D) Creditors

M

Mr. Dubey • 52.30K Points
Coach

Q 40. Directors service contracts should not exceed three years without shareholder‟s approval

(A) Cadbury Report
(B) Greenbury Report
(C) Hampel Report
(D) Smith Report

Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.

Image