Contraventions of the Corporations Act that are considered significant include:
A)insolvent trading.
B)fraud by officers or employees of the entity.
C)breaches of accounting standards.
D)All of the above

Question

Quizplus · Accepted Answer

All of the above are considered significant contraventions of the Corporations Act. Insolvent trading can lead to serious financial ramifications for the company and its directors, fraud can result in criminal charges and loss of reputation, and breaches of accounting standards can lead to regulatory action and financial penalties.

Contraventions of the Corporations Act That Are Considered Significant Include