Reference no: EM132567865
Question 1. Which of the following earnings management reasons would NOT be viewed as a positive for shareholders?
Select one:
a. To increase short term profits
b. To meet analysts' expectations
c. To accurately convey private information
d. To avoid violating debt covenants
Question 2. Which of the following is NOT a key element of regulation?
Select one:
a. Regulation should be biased
b. The exercise of control
c. An intention to intervene
d. A restriction on choice
Question 3. Which of the following is NOT one of the ASX's Principles of Corporate Governance?
Select one:
a. Promote ethical and responsible decision-making
b. Ensure the majority of directors are executive
c. Ensure level and composition of remuneration is sufficient and reasonable
d. Establish an audit committee
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