Which of the following was NOT a finding of the Cadbury Commission?
A) Audit and compensation committees should be made up entirely of independent directors or,at least,have a majority of them.
B) Auditors should be rotated,and there should be fuller disclosure of non-audit work.
C) The CEO should not be chairman of the board,and at the very least there should be a lead independent director with similar agenda-setting powers.
D) The CEO and the CFO should personally attest to the accuracy of the financial statements presented to shareholders.
Correct Answer:
Verified
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