As a Result of Accounting Scandals, Several Methods Have Been

Multiple Choice

As a result of accounting scandals, several methods have been developed to deal with the issues of corporate governance.They are all of the following EXCEPT:

A) The Board must select only SEC approved consultants.
B) Chairman of the Board position should be split from the CEO position.
C) Board of Directors should have a majority of independent directors.
D) The Board of Directors must explain its approach for adopting a code of ethics for the CEO and senior financial officers.