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QUESTION 14 Corporate governance is the process by which managers of an organization exert control over and require accountab
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Answer #1

False.

Corporate governance is a process by which owners and creditors of an organisation exert control and require accountability for the resources entrusted to the organisation.

Managers are responsible to see that the stake holder interests are met, they are agents of owners.

Managers shall see that the financial resources of the entity are used in best interest of stake holders.

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