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Question #73214

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

Options:

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

Answer: The concept of stewardship means that a company’s directors Safeguard the company’s assets and manage them on behalf of the shareholders.

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