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5) What should a Board Member do when they receive the evaluation request? Use it as an opportunity to write a full complaint about the CFO, whom they think is incompetent

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5) What should a Board Member do when they receive the evaluation request? Use it as an opportunity to write a full complaint about the CFO, whom they think is incompetent. Ring up one of the other Board Members and go through their answers to make sure they are acceptable before they submit it. Be as honest and objective as they possibly can. The mindset should be to identify strengths and weaknesses to benefit the good of the whole organization. Ignore it. They have got enough to do and it isn't really important.

Single choice 6) Effective subordination exists when The lender's priority of claim on the cash flows of the borrower ranks behind other creditors' claims by virtue of timing The lender's priority of claim on the assets and cash flows of the borrower contractually rank behind other creditor's claim Other creditors have better, direct access to the assets and cash flows of group companies The lender's priority of claim on the assets or cash flows of the borrower's ranks behind other creditors' claim by virtue of legal preference

Single choice 7) A company is looking at producing a Section on The Board of Directors and Company Secretary in their annual accounts for the first time. Their auditor mentioned adding a chart or diagram to help readers understand the structure of the Board. What would this be? An organogram O A bar chart O A pie chart O A table