The corporate collapses of the early 2000s and those that occurred during the Global Financial Crisis had some important common themes that we must understand if, as professionals, we are to assist in preventing their recurrence.
Which three of the following were common themes of the corporate collapses?
A They were the result of directors abusing their trust.
B The collapses were not associated with incentive payments and greed.
C They had a negative impact on the credibility of the accounting profession.
D They demonstrated a willingness of corporations to engage in risks that were not
【答案】A, C and D
【分析】The correct answer is Options A, C and D. The key reason that remuneration practices are be