Which of the following is a NYSE mandated guideline for corporate governance?
A)Boards need to consist entirely of independent directors.
B)Boards must have an audit committee with a minimum of three independent directors.
C)Boards must have a compensation committee with a minimum of three independent directors.
D)CFOs must provide an annual certification of compliance with corporate governance standards.

Question

Quizplus · Accepted Answer

The NYSE mandates that boards must have an audit committee composed of a minimum of three independent directors to ensure oversight and integrity in the company's financial reporting processes.

Which of the Following Is a NYSE Mandated Guideline for Corporate