What should MGAG's board of directors have done differently? Did corporate governance fail?

What will be an ideal response?

The board can be criticized for not having in place a better risk management reporting system that would have exposed MGRM's exposures earlier. Because this is a major responsibility of all boards of directors, the disappointing supervision by MGAG's board
in this area may be viewed as an example of ineffective corporate governance.

Business

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The accounts payable account has a beginning balance of $12,000 and we purchased $50,000 of inventory on credit during the month. The ending balance was $10,000. How much did we pay our creditors during the month?

A. $50,000 B. $52,000 C. $60,000 D. $62,000

Business

Euclidean distance calculations are usually more realistic than rectilinear distance calculations when determining the walking distance between operations in a building

Indicate whether the statement is true or false

Business