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NEW QUESTION 39
Company X is a large company which is traded on the UK stock exchange. According to the Companies (Miscellaneous Reporting) Regulations 2018- is it obligatory for Company X to follow a Corporate Governance Code?

A. yes- all companies trading on the stock exchange must do thisB. yes- all companies in the UK must follow thisC. no- but if it doesn't follow a Corporate Governance Code it must explain the reasons why notD. no- corporate governance codes are not mandatory

Answer: C

Explanation:
Explanation
The correct answer is 4 - the policy is 'comply or explain' - basically say which code you follow, or explain (publicly) why you're not following one. See p. 145 for more information on this

 

NEW QUESTION 40
There are three main areas where third party suppliers are used in risk management. What are they?

A. risk auditingB. contract negotiationsC. supply chain managementD. disaster recoveryE. credit ratings

Answer: A,D,E

Explanation:
Explanation
3 4 and 5 are the correct answers. This is from p. 79 of the textbook - each of these three areas is then covered in detail throughout chapter 2.2.

 

NEW QUESTION 41
Which of the following will you put into box 2?

A. transferB. terminateC. treatD. tolerate

Answer: C

Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated

Cashflow issues can lead to serious financial problems and the company going bust. Therefore this risk must be treated.

 

NEW QUESTION 42
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