The boards of directors of companies that are listed

The boards of directors of companies that are listed on the NYSE or NASDAQ must be composed of a majority
of independent directors.
a.
True.
b.
False.
A
4
According to the OECD Principles of Corporate Governance, an entity's corporate governance framework
should:

d.
Ensure equitable treatment of all shareholders, including minority and foreign shareholders.
A
5
Companies with securities listed on the NYSE must have an internal audit function.
The purpose of corporate governance is to:
C
7
Under NYSE rules, a listed company's board of directors must have which of the following committees?
a.
Nominating/corporate governance committee.
b.
All of these are correct.
c.
Compensation committee.
d.
Audit committee.

B
8
Which of the following parties is responsible for directing employees to carry out business activities and
managing their performance of those tasks?
According to the requirements of the Sarbanes-Oxley Act, which of the following parties is responsible for
establishing procedures to handle complaints regarding irregularities in a publicly traded company's accounting
methods, internal controls, or auditing matters?