Economics · Corporate Governance
According to corporate governance guidelines, do directors have an obligation to review internal controls annually and report on these internal controls to the shareholders?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To review internal controls annually - Yes; To report on internal controls to shareholders - Yes✓
- 2To review internal controls annually - No; To report on internal controls to shareholders - No
- 3To review internal controls annually - No; To report on internal controls to shareholders - Yes
- 4To review internal controls annually - Yes; To report on internal controls to shareholders - No
Correct answer
To review internal controls annually - Yes; To report on internal controls to shareholders - Yes
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