Which of the following is TRUE regarding corporate governance?
A.
Fraud risk management is considered to be the foundation of effective corporate governance
B.
Effective corporate governance practices are most necessary in an organization in which the owners are also the individuals responsible for setting the corporate strategy
C.
Corporate governance’s primary purpose is to ensure the accuracy of the organization’s financial reports
D.
An entity’s corporate governance structure specifies the distribution of rights and responsibilities among the different participants in the organization
Corporate governance defines how power and responsibility are shared among stakeholders like the board, management, shareholders, and others, making D the correct statement.
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_denw
22 hours, 34 minutes ago