Which of the Following Best Describes the Role of Corporate

Multiple Choice

Which of the following best describes the role of corporate governance?

A) Management decides which accounting principles are the most appropriate.
B) Shareholders vote to decide who should be members of the board of directors.
C) Holding the management team accountable to shareholders and other constituents for the utilization of the entity's resources.
D) Management often is compensated based on the company's profitability.