FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Explain two ways organisations can use corporate disclosure policy to maintain or regain organisational legitimacy?
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- Entity-level controls support broad organizational objectives while direct controls support objectives at the transactional level. What is a way that internal controls support an organization's transactional objectives? a. preserving shareholders' or stakeholders' interests b. promoting operational efficiency & effectiveness c. ensuring regulatory & legal compliance d. protecting & safeguarding assetsarrow_forwardAs an executive, there is significant leeway to control the level and quality of public information (within legal reason). What general strategies on information disclosure from a potential acquirer's point of view might result in higher realization of value for their shareholders? To the extent possible, are there any deals that fit into this particular strategy?arrow_forwardWho is responsible for overseeing corporate activities?arrow_forward
- why is it essential for a corporate manager to balance the interests of society and shareholders?arrow_forwardWhich of these is the system of incentives and monitors that tries to overcome the agency problem? Multiple Choice Security Exchange Commission Checks and Balances Board of Directors Corporate Governancearrow_forwardWhich of the following is NOT included in the concept of internal control? O entity's resources O entity's processes O entity's culture O entity's external auditorsarrow_forward
- The current debate about what corporate objectives should bearrow_forward1. As an executive, there is significant leeway to control the level and quality of public information (within legal reason). What general strategies on information disclosure from a potential acquirer's point of view might result in higher realization of value for their shareholders? To the extent possible, are there any deals that fit into this particular strategy?arrow_forward
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