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Advanced Vocabulary
Corporate Governance Multiple Choice
Choose the best answer from the three options in each question.
1. Corporate governance is the system by which companies are ______.
a) manipulated
b) controlled
c) ignored
2. The board of directors is responsible for ______ corporate governance within an organisation.
a) overseeing
b) avoiding
c) limiting
3. A key principle of corporate governance is ______ decision-making.
a) secret
b) unilateral
c) transparent
4. The role of independent auditors is to ensure financial reports are ______.
a) biased
b) accurate
c) hidden
5. Shareholders have a right to attend the company's annual general meeting to ______.
a) avoid tax payments
b) change management
c) vote on important decisions
6. Good corporate governance helps maintain investor confidence by ensuring ______.
a) integrity in reporting
b) reduction in wages
c) overstaffing
7. One of the key duties of a board member is to ______ the interests of the company's stakeholders.
a) dismiss
b) compromise
c) represent
8. Poor governance can lead to a loss of ______ among investors and customers.
a) trust
b) profit
c) products