Which of the following statements relating to the ASX Corporate Governance Principles is incorrect?
A)Companies should actively promote ethical and responsible decision-making.
B)Risk oversight and internal control are not necessarily areas companies can manage.
C)Companies should promote timely and balanced disclosure of all material matters concerning the company.
D)The audit committee should be structured so that it consists only of non-executive directors.

Question

Quizplus · Accepted Answer

This statement is incorrect as risk oversight and internal control are areas that companies should be able to manage according to the ASX Corporate Governance Principles. Companies are encouraged to establish effective risk management systems and internal control processes.

Which of the Following Statements Relating to the ASX Corporate