The () will have a rotating honorary chairman.A、Board of DirectorsB、Boards of DirectorC、boards of directorD、Board Directors

The () will have a rotating honorary chairman.

  • A、Board of Directors
  • B、Boards of Director
  • C、boards of director
  • D、Board Directors

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The day on which the board of directors of the corporation distributes a dividend is called the declaration date.() 此题为判断题(对,错)。

So many directors_________ , the board meeting had to be put off till next Monday.A. were absentB. being absentC. been absentD. had been absent

5 The International Accounting Standards Board (IASB) is currently in a joint project with the Accounting StandardsBoard (ASB) in the UK and the Financial Accounting Standards Board (FASB) in the USA in the area of reportingfinancial performance/comprehensive income. The main focus of the project is the development of a single statementof comprehensive income to replace the income statement and statement of changes in equity. The objective is toanalyse all income and expenses and categorise them in a way that increases users’ understanding of the results ofan entity and assists in forming expectations of future income and expenditure. There seems to be some consensusthat the performance statement should be divided into three components being the results of operating activities,financing and treasury activities, and other gains and losses.Required:(a) Describe the reasons why the three accounting standards boards have decided to cooperate and produce asingle statement of financial performance. (8 marks)

3 Mary Hobbes joined the board of Rosh and Company, a large retailer, as finance director earlier this year. Whilst shewas glad to have finally been given the chance to become finance director after several years as a financialaccountant, she also quickly realised that the new appointment would offer her a lot of challenges. In the first boardmeeting, she realised that not only was she the only woman but she was also the youngest by many years.Rosh was established almost 100 years ago. Members of the Rosh family have occupied senior board positions sincethe outset and even after the company’s flotation 20 years ago a member of the Rosh family has either been executivechairman or chief executive. The current longstanding chairman, Timothy Rosh, has already prepared his slightlyyounger brother, Geoffrey (also a longstanding member of the board) to succeed him in two years’ time when he plansto retire. The Rosh family, who still own 40% of the shares, consider it their right to occupy the most senior positionsin the company so have never been very active in external recruitment. They only appointed Mary because they feltthey needed a qualified accountant on the board to deal with changes in international financial reporting standards.Several former executive members have been recruited as non-executives immediately after they retired from full-timeservice. A recent death, however, has reduced the number of non-executive directors to two. These sit alongside anexecutive board of seven that, apart from Mary, have all been in post for over ten years.Mary noted that board meetings very rarely contain any significant discussion of strategy and never involve any debateor disagreement. When she asked why this was, she was told that the directors had all known each other for so longthat they knew how each other thought. All of the other directors came from similar backgrounds, she was told, andhad worked for the company for so long that they all knew what was ‘best’ for the company in any given situation.Mary observed that notes on strategy were not presented at board meetings and she asked Timothy Rosh whether theexisting board was fully equipped to formulate strategy in the changing world of retailing. She did not receive a reply.Required:(a) Explain ‘agency’ in the context of corporate governance and criticise the governance arrangements of Roshand Company. (12 marks)

MONTHLY MEETING MINUTES OF BOARD OF DIRECTORS Time: 2:30 p.m., March 5, 2015 Place: Conference room, second floor of 3T Co. Ltd. Participants: All the directors Chairman: Chairman of the board, Mr. William Forest Minutes keeper: Linda The main activities at the meeting are as follows: Firstly, Mr. William Forest, chairman of the board, made a report on the work and total sales of the company this season. Then the report was followed by a heated discussion. Secondly, all the directors agreed to hold a press conference for the company next month. Thirdly, the meeting suggested inviting experts from Canada to give a five-day training course to staff in the Sales Department. The meeting finished at 3:30 p.m.1. Who are the meeting participants().A. The executive assistants.B. The directors.C. The interviewees.2. How many activities does the meeting have().A. The executive assistants.B. The directors.C. The interviewees.3. Mr. William Forest made a report ()this season.A. on training course to staff in the Sales DepartmentB. on the advertisement policies of the companyC. on the work and total sales of the company4. What did all the directors agree to do ()A. To carry out a training project in the company next year.B. To have another board meeting of all directors next season.C. Tohave a press conference for the company next month.5. How long did the meeting last ()A.1.5 hours.B.1 hour.C.2 hour.

Centralized management is exercised by a small number of people, the Board of Directors, which is headed by the Chairman (or, in the USA, the President) and decides the overall policy of the ________.A.societyB.familyC.firmD.world

(a) Contrast the role of internal and external auditors. (8 marks)(b) Conoy Co designs and manufactures luxury motor vehicles. The company employs 2,500 staff and consistently makes a net profit of between 10% and 15% of sales. Conoy Co is not listed; its shares are held by 15 individuals, most of them from the same family. The maximum shareholding is 15% of the share capital.The executive directors are drawn mainly from the shareholders. There are no non-executive directors because the company legislation in Conoy Co’s jurisdiction does not require any. The executive directors are very successful in running Conoy Co, partly from their training in production and management techniques, and partly from their ‘hands-on’ approach providing motivation to employees.The board are considering a significant expansion of the company. However, the company’s bankers areconcerned with the standard of financial reporting as the financial director (FD) has recently left Conoy Co. The board are delaying provision of additional financial information until a new FD is appointed.Conoy Co does have an internal audit department, although the chief internal auditor frequently comments that the board of Conoy Co do not understand his reports or provide sufficient support for his department or the internal control systems within Conoy Co. The board of Conoy Co concur with this view. Anders Co, the external auditors have also expressed concern in this area and the fact that the internal audit department focuses work on control systems, not financial reporting. Anders Co are appointed by and report to the board of Conoy Co.The board of Conoy Co are considering a proposal from the chief internal auditor to establish an audit committee.The committee would consist of one executive director, the chief internal auditor as well as three new appointees.One appointee would have a non-executive seat on the board of directors.Required:Discuss the benefits to Conoy Co of forming an audit committee. (12 marks)

All passengers should present their _____ documents at the check-in counter.A. boarded B. boarding C. to board D. boards

Mr.Verder never thought that he would become a member of the board of directors because of his__________origin.A.humbleB.previousC.criticalD.false

Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.We learn from Paragraph 2 that outside directors are supposed to be_____A.generous investorsB.unbiased executivesC.share price forecastersD.independent advisers

Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.It can be inferred from the last paragraph that outside directors____A.may stay for the attractive offers from the firmB.have often had records of wrongdoings in the firmC.are accustomed to stressfree work in the firmD.will decline incentives from the firm

Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.According to the researchers from Ohio University,after an outside director's surprise departure,the firm is likely to_____A.become more stableB.report increased earningsC.do less well in the stock marketD.perform worse in lawsuits

Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.The author's attitude toward the role of outside directors is_____A.permissiveB.positiveC.scornfulD.critical

Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.According to Paragraph 1,Ms.Simmons was criticized for_____A.gaining excessive profitsB.failing to fulfill her dutyC.refusing to make compromisesD.leaving the board in tough times

On behalf of board of directors I appreciate you for providing the____information.A.requestB.requesterC.requestingD.requested

The keyboard of a typewriter refers to the set of keys in it.Most typewriters have"qwerty"key-boards.The name crones from the first six letters on the board′s second line.The"qwerty"board was?set up by C.L.Sholes,who was the first man to make a really good typewriter.Some letters,such as S and T,are used together a great deal in English.Sholes placed such?pairs of letter far apart on his keyboard.This made it harder for typists to learn the keyboard.But it?helped keep typewriters from jamming.On early machines the bars holding the letters often caught on?each other when moving quickly.Sholes made the name of his machine easy to type.lie placed on the same line all the letters of?the word"type"and"writer".This article is mostly about a__________.A.pair of lettersB.keyboardC.languageD.man's life

The keyboard of a typewriter refers to the set of keys in it.Most typewriters have"qwerty"key-boards.The name crones from the first six letters on the board′s second line.The"qwerty"board was?set up by C.L.Sholes,who was the first man to make a really good typewriter.Some letters,such as S and T,are used together a great deal in English.Sholes placed such?pairs of letter far apart on his keyboard.This made it harder for typists to learn the keyboard.But it?helped keep typewriters from jamming.On early machines the bars holding the letters often caught on?each other when moving quickly.Sholes made the name of his machine easy to type.lie placed on the same line all the letters of?the word"type"and"writer".The"qwerty"board is named for the__________.A.man who set it upB.company that sold itC.order of six of its lettersD.letters used the most in English

The keyboard of a typewriter refers to the set of keys in it.Most typewriters have"qwerty"key-boards.The name crones from the first six letters on the board′s second line.The"qwerty"board was?set up by C.L.Sholes,who was the first man to make a really good typewriter.Some letters,such as S and T,are used together a great deal in English.Sholes placed such?pairs of letter far apart on his keyboard.This made it harder for typists to learn the keyboard.But it?helped keep typewriters from jamming.On early machines the bars holding the letters often caught on?each other when moving quickly.Sholes made the name of his machine easy to type.lie placed on the same line all the letters of?the word"type"and"writer".Sholes put S and T far apart because__________.A.he hoped to prevent jammingB.they are seldom used togetherC.neither is a vowelD.there wasn't room for them together

The () will have a rotating honorary chairman.ABoard of DirectorsBBoards of DirectorCboards of directorDBoard Directors

Board of trustees is composed chiefly of laymen because()Athey are more likely to represent public interestsBthey have more commonsense and less professional biasCtheir interests are affected by board decisionsDNone of the above

H旗的意思是“我船上有引员”。()A、The meaning of Flag H is “I have a pilot on board”.B、You should stop your vessel instantly.C、The meaning of Flag H is “I require assistance.”D、The meaning of Flag H is “I have PSC on board”.

单选题We have two kinds of cargo on board,but()is dangerous.AeitherBneitherCnoneDno

单选题The members of the Board of Directors agree that chief attention ______ to what can bring in the highest profit.Ais to be made Bis going to directCshould be paid Dwould have to pay

单选题Board of trustees is composed chiefly of laymen because()Athey are more likely to represent public interestsBthey have more commonsense and less professional biasCtheir interests are affected by board decisionsDNone of the above

单选题The members of the Board of Directors agree that chief attention _____ to what can bring in the highest profit.Ais to be madeBis going to directCshould be paidDwould have to pay

单选题The () will have a rotating honorary chairman.ABoard of DirectorsBBoards of DirectorCboards of directorDBoard Directors

单选题Two boards are being cut for a construction project. If the total length of the boards is 100 inches and the shorter board is 5 inches less than half the length of the longer board, what is the length of the shorter board?A25 inchesB30 inchesC35 inchesD65 inchesE70 inches