Which of the following best describes corporate governance? A: Corporate governance is the system by which an entity monitors its impact on the natural environment. B: Corporate governance is carried out by finance department in preparing the financial statements. C: Corporate governance is the system of rules and regulations surrounding financial reporting. D: Corporate governance is the system by which companies and other entities are directed and controlled.

Which of the following statements regarding corporate governance practices is FALSE（） A: Corporate governance is the system of internal controls/procedures by which firms are managed. B: Corporate governance provides a framework that defines rights of management and the board. C: Corporate governance is not as important for firms with largely dispersed minority shareholders.

When an economy begins above the Golden Rule， reaching the Golden Rule：（ ） A: produces lower consumption at all times in the future. B: requires initially reducing consumption to increase consumption in the future. C: requires initially increasing consumption to decrease consumption in the future. D: produces higher consumption at all times in the future.

Which consumption describes objects and event that are ordinary or everyday A: Sacred consumption B: Profane consumption

18. The cost per household for the collection and _____ of household rubbish is £50 a year. A: dispose B: discard C: disposal D: displace