A corporation must be managed on the principles of corporate governance. Explain what this is

What will be an ideal response?

Answer: Corporate governance is the role of shareholders, directors, and other managers in corporate decision making and accountability. This governance is established by a firm's bylaws and usually involves stockholders, the board of directors, and officers.

Business

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What is meant by Germany's "authoritative principle?"

A. The GASB is the final authority for accounting standards. B. The International Accounting Standards Board is the authority for making German GAAP. C. Financial statements are the basis for determining tax. D. Accounting standards are derived from tax law.

Business

The term media kit refers to the information media companies provide to advertisers about an audience and to the information organizations provide to media outlets about products, employees, and activities

Indicate whether the statement is true or false

Business