briefly describe the responsibilities of the Board of Director

Q: What is the nomination process of the Board members and how many board members have been selected?

A: Board members  are nominating by a nominating committee, but board member can also nominated by…

Q: Critically elaborate on the role and the balance of power of the Board of  Directors and the…

A: Board of Directors The main function and duties of Board of Directors which has the right to recruit…

Q: Question 1 (i) Which one of the following is not a reason for having board committees? A. An…

A: ANSWERS HAVE BEEN GIVEN IN THE NEXT SHEET

Q: What are the principal considerations of a board of directorsin making decisions involving dividend…

A: Definition:

Q: Corporate officers are Group of answer choices  elected by the shareholders.  appointed by the board…

A: Corporate officers are individuals who are responsible to for day to day operations of the company.…

Q: what does the success of the board of directors in fulfilling its oversight responsibilities depend…

A: Answer: The board of directors of any company are formed so that to check the operations of the…

Q: Which of the following is NOT a dimension of corporate governance:     Select one: a. Suppliers…

A: Corporate Governance Corporate governance is a structure or a system of organization's rules,…

Q: Board composition in comporate governance

A: The question is based on the concept of the concept corporate governance and its management in a…

Q: roles of directors of the company and the role of auditors using the categories

A: Roles of Directors of the Company To choose the directors of the firm is vested in the hands of the…

Q: Stockholders of a corporation directly elect thea. chairperson of the board.b. board of directors.c.…

A: Stockholders of a corporation are the owners of a corporation.

Q: Based on Pak Elektron Ltd.'s (PEL) annual report of 2017 explain in your own words the following…

A: a) The role of audit and HRM committee is -  1) the primary purpose of audit and HRM committee - i)…

Q: A company's "Board of Directors" is elected by that company's

A: A board of directors is essentially a panel of people who are elected to represent shareholders.…

Q: Why is an active board of directors’audit committee important to an organisation.

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: A press release announcing the appointment of the trustees of the new Financial Accounting…

A: Requirement a:   The organization that sponsors FASB is the Financial Accounting Foundation. They…

Q: onstruct an ethical business environment by relating to the 3 corporate governanc

A: A board management governance system, such as Governance Cloud by Diligent, offers an entire suite…

Q: What are the qualifications of a member of the Board of Directors?

A: Associations of various types from little charities to mega enterprises are administered by a top…

Q: These are the persons elected and designated by the shareholders who are responsible for the…

A: Company although owned by various owners is controlled and managed by a few selected individuals who…

Q: Question 1 (i) A board committee is best described as a subset of the board formed to achieve which…

A: ANSWERS HAVE BEEN GIVEN IN THE NEXT SHEET

Q: What factors improve the effectiveness of a board of directors?

A: Board of Directors: The people appointed on behalf of shareholder and equity investors to ensure…

Q: The authority to appoint first independent auditor is vested to __________ a. The shareholders b.…

A: The first auditor of a company shall be appointed by board of directors with 30 days from the date…

Q: Describe the importance of an active board of directors audit committee to an organisation.

A: Audit committee is the committee of Board of Directors (BOD) of firm which is accountable as well as…

Q: why is an active board of directors audit committee important to an organization?

A: Audit: An audit is an organized and self-regulated inspection of books of accounts. This inspection…

Q: Under the Public Financial Management Act, Audit Committees are required to play important roles in…

A: It is a system that includes the relationship and accountability of shareholders, the laws and…

Q: Governance issues include the following except; Select one: a. Disclosure and transparency b. Role…

A: The term Governance refers to process which is designed to ensure the following quality in the…

Q: how we share our findings and concerns with the board of directors in internal control system?

A: Management is in-charge of the establishment and maintenance of the internal audit function. An…

Q: we discussed the role of an active board of 'directors' audit committee from different aspects. In…

A: The primary function of the audit committee of the company is to provide oversight of the financial…

Q: What is corporate governance? List five corporategovernance provisions that are internal to a…

A: Corporate governance: It is the framework of laws, strategies, and forms that direct and controls a…

Q: What are the responsibilities of the Board of Directors for the financial statements? Or…

A: Financial statements are important because they provide vital information related to the financial…

Q: The independence of the internal audit department will most likely be assured if itreports to the(1)…

A: Introduction: Auditing means a systematic examination of books to verify the authenticity and…

Q: escribe the necessity, purpose and potential makeup of a board of director

A: For public companies having a proper board of directors is important. This is because public…

Q: Detail the roles of non executive director , chief finance officer (CFO), Audit Committee and…

A: Roles of Non-executive director: The non-executive director is responsible for reviewing and…

Q: true or false.a. The policy-making body in a corporation is called the board of directors

A: Board of directors: The team of elected individuals who represent to shareholders and establish…

Q: Who are potentially the most effective instrument of good governance of a corporation? a. Government…

A: Corporate governance is the team which formulates, checks and implements rules and regulation of the…

Q: Choose from the following the primary responsibility of an internal auditor is to _________ a. The…

A: The Internal Auditor are different than the External Auditor in terms of Scope of Work and the…

Q: Define board of directors

A: Corporate: It can be defined as an organization consisting of a group of people and is authorized by…

Q: Briefly explain any five responsibilities that fall under the  Board of Directors   ( BOD ) over…

A: The board of directors are a group of people who represent shareholders and are involved with…

Q: What rule/procedure must be observed so that formal meetings like that of the Board of Directors or…

A: Here given the details of the rules and procedures which are involved to arrange the meeting…

Q: Identify and describe the major corporate governance models, using a suitable example in each…

A: The major corporate governance models, using a suitable example in each instance:

Q: Who among the following should ensure that all directors are properly briefed on issues arising at…

A: The answer are as follows

Q: As per the corporate governance code, an audit committee should be set up and it should be comprised…

A: As per the corporate governance code, an audit committee should be set up and it should be comprised…

Q: Explain the importance of an active board of 'directors' audit committee to an organisation. (LONG…

A: The audit committee is the board of directors' independently chartered panel. The audit committee…

Q: roles of directors of the company, executive director and non executive directors

A: EXECUTIVE DIRECTOR: An executive director is a senior operating officer or manager of an…