Corporate governance is a set of processes and policies in managing an organization with sound ethics to safeguard the interests of its stakeholders.

Answer the following statement true (T) or false (F)


True

Business

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One way trustors make judgments about trustees is based on the dimension of perceived ability. Briefly define perceived ability.

What will be an ideal response?

Business

Retained earnings at the beginning and ending of the accounting period were $1000 and $2100, respectively. Revenues of $3900 and dividends paid to stockholders of $900 were reported during the period. What was the amount of expenses reported for the period?

A. $1100. B. $3000. C. $1900. D. $2800.

Business

Swaps provide a real economic benefit to the counterparties only if a barrier exists to prevent ________ from functioning fully

A) hedging B) factoring C) arbitrage D) forfaiting

Business

In an assumption, the buyer is personally liable to the mortgagee

Indicate whether the statement is true or false

Business