[单选题]

The Board of Directors at Bao Steel recently made two changes to the firm's corporate governance policies. The first change provides the firm's audit committee with the authority to approve or reject proposed non-audit engagements with Bao Steel's external audit firm. The second change creates a firewall that restricts the audit committee's access to Bao Steel's internal auditor. Are the interests of Bao Steel's shareowners likely to be best served as a result of the:
   first change?   second change?

A.Yes        Yes

B.Yes        No

C.No        Yes

参考答案与解析:

相关试题

Which of the following changes in a firm's working capital management is most likely to result

[单选题]Which of the following changes in a firm's working capital management is mo

  • 查看答案
  • A firm's financial position at a specific point in time is reported in the:

    [单选题]A firm's financial position at a specific point in time is reported in the:

  • 查看答案
  • Which of the following is most likely included in a firm's ending inventory?

    [单选题]Which of the following is most likely included in a firm's ending inventory

  • 查看答案
  • Information about elections of members to a company's Board of Directors is most likely found i

    [单选题]Information about elections of members to a company's Board of Directors is

  • 查看答案
  • How will a firm's operating cash flow be affected by a decrease in accounts receivable and by a

    [单选题]How will a firm's operating cash flow be affected by a decrease in accounts

  • 查看答案
  • Samuel Parkin, a principal of Argor Advisers, is in charge of preparing the firm's performance

    [单选题]Samuel Parkin, a principal of Argor Advisers, is in charge of preparing the

  • 查看答案
  • Business risk is best described as resulting from the combined effects of a firm's:

    [单选题]Business risk is best described as resulting from the combined effects of a

  • 查看答案
  • The ratio of a firm's property, plant, and equipment, net of accumulated depreciation, to its a

    [单选题]The ratio of a firm's property, plant, and equipment, net of accumulated de

  • 查看答案
  • A decrease in a firm's inventory turnover ratio is most likely to result from:

    [单选题]A decrease in a firm's inventory turnover ratio is most likely to result fr

  • 查看答案
  • If a firm's long-run average total cost increases by 6% if output is increased by 6%, the firm

    [单选题]If a firm's long-run average total cost increases by 6% if output is increa

  • 查看答案
  • The Board of Directors at Bao Steel recently made two changes to the firm's corporate governanc