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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 4 Question 89 Discussion

Posted by Sommer on Jul 18, 2024 at 01:03 PM

Which of the following is TRUE regarding G20/OECD Principles of Corporate Governance (the Principles)?

Suggested Answer: B

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39 comments · newest first
JO
Josephine 11 months ago
Just to clarify, B is definitely false!
DY
Dyan 11 months ago
I thought the Principles applied to both developed and emerging markets?
PA
Pamella 11 months ago
Wait, are they really required in all jurisdictions?
CA
Casie 12 months ago
Totally agree, D is definitely true!
AL
Alita 12 months ago
The Principles promote equitable treatment of all shareholders.
CE
Celeste 12 months ago
I recall a practice question that mentioned the importance of stakeholder cooperation, so I don't think option B is correct.
JA
Janna 1 year ago
I’m a bit confused about the applicability of the Principles. I thought they were meant for both developed and emerging markets, but I could be wrong.
BR
Bronwyn 1 year ago
I think option D sounds familiar because it aligns with the idea of fair treatment for shareholders, which is a key aspect of good governance.
MA
Maybelle 1 year ago
I remember studying the Principles, but I'm not sure if they are mandatory for all corporations. I think they are more like guidelines.
RO
Rosina 1 year ago
This is a good question to test our understanding of the Principles. I'll need to review the key points to make sure I select the right answer.
DA
Darell 1 year ago
I'm pretty confident that the answer is D. The Principles emphasize the importance of protecting shareholder rights and ensuring fair treatment, so that seems like the most accurate statement.
FE
Felix 1 year ago
Okay, I think I know the answer to this one. The Principles state that the corporate governance framework should ensure equitable treatment of all shareholders, so I'll go with option D.
BO
Bobbie 1 year ago
Hmm, this looks like a tricky question. I'll need to carefully review the Principles to determine which one is true.
DE
Delmy 1 year ago
I'm a bit confused by this question. The Principles seem to cover a lot of ground, so I'm not sure which one is the correct answer. I'll have to think this through carefully.
OR
Orville 1 year ago
This seems like a straightforward question about when to apply test automation. I'll carefully consider each option and choose the one that best fits the criteria.
IR
Irma 1 year ago
Risk attitude is an important factor to consider because it can determine how much influence a stakeholder has over project decisions, which is option B. I'll make sure to keep that in mind.
CO
Cordelia 1 year ago
Okay, I've got an idea. The increase in digital content probably means fewer physical documents are being printed, so I'm guessing the answer is B, "Fewer documents are being printed."
SH
Shawnna 1 year ago
Hmm, I wonder if the OECD principles also include a clause about not throwing staplers at your co-workers during board meetings. Just a thought.
FR
Fredric 1 year ago
↳ replying to Shawnna
It's more about promoting good governance practices within companies.
MA
Marisha 1 year ago
↳ replying to Shawnna
The Principles focus on transparency, accountability, and shareholder rights.
WI
Winfred 1 year ago
↳ replying to Shawnna
I don't think throwing staplers at co-workers is covered in the OECD principles.
MO
Moon 1 year ago
A is tempting, but I don't think the Principles are mandatory. They're more like guidelines for companies to follow.
JA
Janey 1 year ago
↳ replying to Moon
It's true that the Principles are not legally binding, but they are widely recognized as best practices for corporate governance.
SH
Sheron 1 year ago
↳ replying to Moon
Yes, they are voluntary, but many companies choose to follow them to improve transparency and accountability.
SH
Sherell 1 year ago
↳ replying to Moon
I agree, the Principles are not mandatory, but they do provide a framework for good corporate governance.
CA
Catherin 2 years ago
C can't be right, the Principles are intended to be applicable globally, not just in developed economies. Emerging markets need good corporate governance too!
EL
Elden 1 year ago
↳ replying to Catherin
D: It's important for all countries to adhere to the Principles.
LA
Layla 1 year ago
↳ replying to Catherin
C: The Principles are not limited to developed economies.
JO
Josphine 1 year ago
↳ replying to Catherin
B: That's correct, emerging markets also need good corporate governance.
KA
Kathrine 1 year ago
↳ replying to Catherin
A: The Principles are intended to be applicable globally, not just in developed economies.
CA
Carolann 2 years ago
B seems like it's the opposite of what the Principles are trying to achieve. Discouraging cooperation between corporations and stakeholders? That doesn't sound right at all.
WI
Willow 2 years ago
I'm not sure, but I think D is correct too. It just seems like the most logical choice.
PA
Pamella 2 years ago
I agree with Georgiana, D makes sense because it's important for shareholders to be treated fairly.
PA
Paulene 2 years ago
I'm pretty sure the correct answer is D. The Principles state that an entity's corporate governance framework should ensure the equitable treatment of all shareholders.
SU
Sunshine 1 year ago
↳ replying to Paulene
Agreed, fairness is key in corporate governance.
CO
Cortney 1 year ago
↳ replying to Paulene
That makes sense. It's important for corporate governance to be fair to all shareholders.
KA
Kayleigh 1 year ago
↳ replying to Paulene
Yes, D is correct. The Principles emphasize equitable treatment of shareholders.
GR
Gracia 1 year ago
↳ replying to Paulene
I think you're right, D is the correct answer.
GE
Georgiana 2 years ago
I think the answer is D.
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