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Questions and Answers
What are the two components of accountability according to the Australian Institute of Directors?
What are the two components of accountability according to the Australian Institute of Directors?
- Disclosure and coercion
- Providing information and justification, coercion (correct)
- Information and governance
- Transparency and coercion
How does the Australian Institute of Company Directors define transparency?
How does the Australian Institute of Company Directors define transparency?
- Providing stakeholders with incomplete information
- Sharing only positive aspects of organizational governance
- Allowing others to honestly see and understand how an organization works (correct)
- Concealing organizational activities
What is the relationship between accountability and transparency?
What is the relationship between accountability and transparency?
- To achieve accountability, there must be transparency (correct)
- Accountability and transparency are unrelated concepts
- Transparency is not necessary for achieving accountability
- Transparency is a consequence of accountability
What is the consequence of failing to meet expectations in the context of accountability?
What is the consequence of failing to meet expectations in the context of accountability?
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What does achieving transparency require an organization to provide stakeholders with?
What does achieving transparency require an organization to provide stakeholders with?
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