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NEW QUESTION 20
Which of the following is NOT a responsibility of the organization s board of directors?

• A. Assessing the strategy and underlying purpose of management's decisions and actions
• B. Acting as guardians of the organization s resources and assets
• C. Serving as the middlemen between shareholders and management
• D. Managing the performance of employees charged with carrying out business activities

Answer: C

 

NEW QUESTION 21
Julia is conducting a formal assessment of XYZ Corporation s ethical culture To which of the five components of the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Internal Control-Integrated Framework (the Framework) does her assessment pertain?

• A. Control activities
• B. Control environment
• C. Information and communication
• D. Monitoring

Answer: B

 

NEW QUESTION 22
Which of the following statements regarding white-collar defendants is TRUE?

• A. They are less likely to insist on a trial than other offenders
• B. The lower the offenders' social status, the more likely they are to be imprisoned
• C. They are more likely to be fined than to face prison terms as punishment
• D. All of the above

Answer: C

 

NEW QUESTION 23
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