1. The following are factors affecting public expectations for business behaviour, with an exception to: A B с Bad judge

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1. The following are factors affecting public expectations for business behaviour, with an exception to: A B с Bad judgement Activist shareholders. Governance failures. Financial malfeasance. D (1 mark) 2. The best to describe a good governance of corporations which is expected by the public is A The practice of window-dressing of financial statements to impress the shareholders group. B The existence of audit committee in a company to oversee the financial reporting process. с The existence of duality roles in management of a corporation. D The internal control function in a company is only performed whenever necessary. (1 mark) 3. Choose the incorrect statement in relation to Utilitarianism A B ► |ח|ס|ס An ethical action is the one that produces the greatest amount of pleasure. An ethical action is the one that produces the least amount of pain. Pleasure and pain only involved qualitative aspect. Pleasure and pain may be both physical and mental. C (1