Accountability and Transparency Quiz
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Questions and Answers

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?

  • 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?

  • 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?

    <p>Accepting the consequences</p> Signup and view all the answers

    What does achieving transparency require an organization to provide stakeholders with?

    <p>Accurate, complete, and timely information about its activities and governance</p> Signup and view all the answers

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