mcqs

M.C.Q'S FOR CORPORATE GOVERNANCE 1: financial statements are very useful source of information to all those who have ________ in the company. a: interest

b: stake

c: shares

d: all of above

2: shareholders use financial statements to decide how they should vote at the various issues put up for voting at the annual general meeting. (T/F) 3: which one of the following is correct? a: External auditor is appointed by shareholders, not management. b: external auditor is appointed by management, not shareholders. c: external auditor is appointed by BOD, not management. d: external auditor is appointed by management, not BOD. 4: in certain cases, uncertainty may carry no possibility of loss at all and hence have no risk. (T/F) 5: if you face a particular type of risk because of your job, the nature of your business, or your pattern of consumption, you are said to have a particular risk________. a: involvement b: exposure c: taker d: aversion 6: a change in government may bring forth change in governmental policies which may adversely affect a firm. This is a: economic risk b: political risk c: production risk d:reputation risk

Submitted by: faizan ali , fahad mushtaq, amjad ali shah.

Answers 1 d

2 t 3 a 4 t b 6 b