MCQ Practice

The concept of stewardship means that a company’s directors________________?

Subject: AuditingTopic: Auditing
A

Are responsible for ensuring that the company complies with the law

B

Are responsible for ensuring that the company pays its tax by the due date

C

Safeguard the company’s assets and manage them on behalf of the shareholders

D

Report suspected fraud and money laundering to the authorities

Correct Answer: C