BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

The head of the audit must report to a high level within the organisation.

The internal audit activity must be free from interference.

The head of the internal audit must communicate and interact directly with the board of directors.

Any problems identified during the audit should be reported.

Action plans should be negotiated with management in order to address any identified problems.

Ensure that the company's board are all experienced and knowledgable about the company and the manufacturing industry.

Ensure that she duly holds AGMs so that any relevant issues can be discussed.

Ensure the company discloses both financial and non-financial information during its annual report.

Ensure the company discloses financial information only during its annual report.

Ensure that an AGM is held during each financial quarter so that any issues that have risen during the last three months are brought to attention.

Ensure that the company's board is as small as possible - a big board makes the decision-making process far too complicated.

Subject to the company's Articles of Association, shareholder approval is not required to enable the company to borrow money.

Subject to the company's Articles of Association, shareholder approval is not required to authorise the issue of shares direct to one person for a non-cash consideration.

A company's Articles cannot provide that the Articles are unalterable.

The Articles of Association may be altered by special resolution.