Question
1.6. Choose the correct answer:
without rules and regulations in the company's act, directors would be able to hide relevant information from shareholders, for example:
A. Directors' fees could be concealed by including them in the salaries and wages amount in the income statement
B. Profits could be manipulated by changing the depreciation rate.
C. Directors could make financial statements complicated that they could not be properly understood by shareholders.
D. All of the above mentioned
Answers
GPT-4o mini
D. All of the above mentioned
Without rules and regulations in the company's act, all the listed options could potentially lead to a lack of transparency and accountability, allowing directors to hide relevant information from shareholders.
Without rules and regulations in the company's act, all the listed options could potentially lead to a lack of transparency and accountability, allowing directors to hide relevant information from shareholders.