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NEW QUESTION 46
Which one of the following contributes to an efficient capital market?

• A. information about the stock market can be obtained cheaply
• B. having stock markets in every country
• C. stock markets being managed by directors of companies that are listed on the stock market
• D. stock markets ensuring that companies do not overcharge for their products

Answer: A

NEW QUESTION 47
The International Federation of Accountants (IFAC) was established by

• A. the United Nations.
• B. the Organization for Economic Co-operation & Development.
• C. various professional accounting bodies.
• D. the International Accounting Standards Board.

Answer: C

NEW QUESTION 48
The concept of transparency in corporate governance means that listed companies should disclose

• A. material information that affects decisions.
• B. confidential issues relating to competitors.
• C. only mandatory information by management.
• D. their future strategy.

Answer: A

NEW QUESTION 49
......

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