The () will have a rotating honorary chairman.A、Board of DirectorsB、Boards of DirectorC、boards of directorD、Board Directors

题目

The () will have a rotating honorary chairman.

  • A、Board of Directors
  • B、Boards of Director
  • C、boards of director
  • D、Board Directors

相似考题

3.3 Mary Hobbes joined the board of Rosh and Company, a large retailer, as finance director earlier this year. Whilst shewas glad to have finally been given the chance to become finance director after several years as a financialaccountant, she also quickly realised that the new appointment would offer her a lot of challenges. In the first boardmeeting, she realised that not only was she the only woman but she was also the youngest by many years.Rosh was established almost 100 years ago. Members of the Rosh family have occupied senior board positions sincethe outset and even after the company’s flotation 20 years ago a member of the Rosh family has either been executivechairman or chief executive. The current longstanding chairman, Timothy Rosh, has already prepared his slightlyyounger brother, Geoffrey (also a longstanding member of the board) to succeed him in two years’ time when he plansto retire. The Rosh family, who still own 40% of the shares, consider it their right to occupy the most senior positionsin the company so have never been very active in external recruitment. They only appointed Mary because they feltthey needed a qualified accountant on the board to deal with changes in international financial reporting standards.Several former executive members have been recruited as non-executives immediately after they retired from full-timeservice. A recent death, however, has reduced the number of non-executive directors to two. These sit alongside anexecutive board of seven that, apart from Mary, have all been in post for over ten years.Mary noted that board meetings very rarely contain any significant discussion of strategy and never involve any debateor disagreement. When she asked why this was, she was told that the directors had all known each other for so longthat they knew how each other thought. All of the other directors came from similar backgrounds, she was told, andhad worked for the company for so long that they all knew what was ‘best’ for the company in any given situation.Mary observed that notes on strategy were not presented at board meetings and she asked Timothy Rosh whether theexisting board was fully equipped to formulate strategy in the changing world of retailing. She did not receive a reply.Required:(a) Explain ‘agency’ in the context of corporate governance and criticise the governance arrangements of Roshand Company. (12 marks)

更多“The () will have a rotating honorary chairman.A、Board of DirectorsB、Boards of DirectorC、boards of directorD、Board Directors”相关问题
  • 第1题:

    MONTHLY MEETING MINUTES OF BOARD OF DIRECTORS Time: 2:30 p.m., March 5, 2015 Place: Conference room, second floor of 3T Co. Ltd. Participants: All the directors Chairman: Chairman of the board, Mr. William Forest Minutes keeper: Linda The main activities at the meeting are as follows: Firstly, Mr. William Forest, chairman of the board, made a report on the work and total sales of the company this season. Then the report was followed by a heated discussion. Secondly, all the directors agreed to hold a press conference for the company next month. Thirdly, the meeting suggested inviting experts from Canada to give a five-day training course to staff in the Sales Department. The meeting finished at 3:30 p.m.

    1. Who are the meeting participants().

    A. The executive assistants.

    B. The directors.

    C. The interviewees.

    2. How many activities does the meeting have().

    A. The executive assistants.

    B. The directors.

    C. The interviewees.

    3. Mr. William Forest made a report ()this season.

    A. on training course to staff in the Sales Department

    B. on the advertisement policies of the company

    C. on the work and total sales of the company

    4. What did all the directors agree to do ()

    A. To carry out a training project in the company next year.

    B. To have another board meeting of all directors next season.

    C. Tohave a press conference for the company next month.

    5. How long did the meeting last ()

    A.1.5 hours.

    B.1 hour.

    C.2 hour.


    参考答案:子问题 1:B; 子问题 2:C; 子问题 3:C; 子问题 4:C; 子问题 5:B

  • 第2题:

    (a) Contrast the role of internal and external auditors. (8 marks)

    (b) Conoy Co designs and manufactures luxury motor vehicles. The company employs 2,500 staff and consistently makes a net profit of between 10% and 15% of sales. Conoy Co is not listed; its shares are held by 15 individuals, most of them from the same family. The maximum shareholding is 15% of the share capital.

    The executive directors are drawn mainly from the shareholders. There are no non-executive directors because the company legislation in Conoy Co’s jurisdiction does not require any. The executive directors are very successful in running Conoy Co, partly from their training in production and management techniques, and partly from their ‘hands-on’ approach providing motivation to employees.

    The board are considering a significant expansion of the company. However, the company’s bankers are

    concerned with the standard of financial reporting as the financial director (FD) has recently left Conoy Co. The board are delaying provision of additional financial information until a new FD is appointed.

    Conoy Co does have an internal audit department, although the chief internal auditor frequently comments that the board of Conoy Co do not understand his reports or provide sufficient support for his department or the internal control systems within Conoy Co. The board of Conoy Co concur with this view. Anders & Co, the external auditors have also expressed concern in this area and the fact that the internal audit department focuses work on control systems, not financial reporting. Anders & Co are appointed by and report to the board of Conoy Co.

    The board of Conoy Co are considering a proposal from the chief internal auditor to establish an audit committee.

    The committee would consist of one executive director, the chief internal auditor as well as three new appointees.

    One appointee would have a non-executive seat on the board of directors.

    Required:

    Discuss the benefits to Conoy Co of forming an audit committee. (12 marks)


    正确答案:
    (a)Roleofinternalandexternalauditors–differencesObjectivesThemainobjectiveofinternalauditistoimproveacompany’soperations,primarilyintermsofvalidatingtheefficiencyandeffectivenessoftheinternalcontrolsystemsofacompany.Themainobjectiveoftheexternalauditoristoexpressanopiniononthetruthandfairnessofthefinancialstatements,andotherjurisdictionspecificrequirementssuchasconfirmingthatthefinancialstatementscomplywiththereportingrequirementsincludedinlegislation.ReportingInternalauditreportsarenormallyaddressedtotheboardofdirectors,orotherpeoplechargedwithgovernancesuchastheauditcommittee.Thosereportsarenotpubliclyavailable,beingconfidentialbetweentheinternalauditorandtherecipient.Externalauditreportsareprovidedtotheshareholdersofacompany.Thereportisattachedtotheannualfinancialstatementsofthecompanyandisthereforepubliclyavailabletotheshareholdersandanyreaderofthefinancialstatements.ScopeofworkTheworkoftheinternalauditornormallyrelatestotheoperationsoftheorganisation,includingthetransactionprocessingsystemsandthesystemstoproducetheannualfinancialstatements.Theinternalauditormayalsoprovideotherreportstomanagement,suchasvalueformoneyauditswhichexternalauditorsrarelybecomeinvolvedwith.Theworkoftheexternalauditorrelatesonlytothefinancialstatementsoftheorganisation.However,theinternalcontrolsystemsoftheorganisationwillbetestedastheseprovideevidenceonthecompletenessandaccuracyofthefinancialstatements.RelationshipwithcompanyInmostorganisations,theinternalauditorisanemployeeoftheorganisation,whichmayhaveanimpactontheauditor’sindependence.However,insomeorganisationstheinternalauditfunctionisoutsourced.Theexternalauditorisappointedbytheshareholdersofanorganisation,providingsomedegreeofindependencefromthecompanyandmanagement.(b)BenefitsofauditcommitteeinConoyCoAssistancewithfinancialreporting(nofinanceexpertise)TheexecutivedirectorsofConoyCodonotappeartohaveanyspecificfinancialskills–asthefinancialdirectorhasrecentlyleftthecompanyandhasnotyetbeenreplaced.ThismaymeanthatfinancialreportinginConoyCoislimitedorthattheothernon-financialdirectorsspendasignificantamountoftimekeepinguptodateonfinancialreportingissues.AnauditcommitteewillassistConoyCobyprovidingspecialistknowledgeoffinancialreportingonatemporarybasis–atleastoneofthenewappointeesshouldhaverelevantandrecentfinancialreportingexperienceundercodesofcorporategovernance.ThiswillallowtheexecutivedirectorstofocusonrunningConoyCo.EnhanceinternalcontrolsystemsTheboardofConoyCodonotnecessarilyunderstandtheworkoftheinternalauditor,ortheneedforcontrolsystems.ThismeansthatinternalcontrolwithinConoyComaybeinadequateorthatemployeesmaynotrecognisetheimportanceofinternalcontrolsystemswithinanorganisation.TheauditcommitteecanraiseawarenessoftheneedforgoodinternalcontrolsystemssimplybybeingpresentinConoyCoandbyeducatingtheboardontheneedforsoundcontrols.Improvingtheinternalcontrol‘climate’willensuretheneedforinternalcontrolsisunderstoodandreducecontrolerrors.RelianceonexternalauditorsConoyCo’sinternalauditorscurrentlyreporttotheboardofConoyCo.Aspreviouslynoted,thelackoffinancialandcontrolexpertiseontheboardwillmeanthatexternalauditorreportsandadvicewillnotnecessarilybeunderstood–andtheboardmayrelytoomuchonexternalauditorsIfConoyCoreporttoanauditcommitteethiswilldecreasethedependenceoftheboardontheexternalauditors.Theauditcommitteecantaketimetounderstandtheexternalauditor’scomments,andthenviathenon-executivedirector,ensurethattheboardtakeactiononthosecomments.AppointmentofexternalauditorsAtpresent,theboardofConoyCoappointtheexternalauditors.Thisraisesissuesofindependenceastheboardmaybecometoofamiliarwiththeexternalauditorsandsoappointonthisfriendshipratherthanmerit.Ifanauditcommitteeisestablished,thenthiscommitteecanrecommendtheappointmentoftheexternalauditors.Thecommitteewillhavethetimeandexpertisetoreviewthequalityofserviceprovidedbytheexternalauditors,removingtheindependenceissue.Corporategovernancerequirements–bestpracticeConoyCodonotneedtofollowcorporategovernancerequirements(thecompanyisnotlisted).However,notfollowingthoserequirementsmaystarttohaveadverseeffectsonConoy.Forexample,ConoyCo’sbankisalreadyconcernedaboutthelackoftransparencyinreporting.EstablishinganauditcommitteewillshowthattheboardofConoyCoarecommittedtomaintainingappropriateinternalsystemsinthecompanyandprovidingthestandardofreportingexpectedbylargecompanies.Obtainingthenewbankloanshouldalsobeeasierasthebankwillbesatisfiedwithfinancialreportingstandards.Givennonon-executives–independentadvicetoboardCurrentlyConoyCodoesnothaveanynon-executivedirectors.Thismeansthatthedecisionsoftheexecutivedirectorsarenotbeingchallengedbyotherdirectorsindependentofthecompanyandwithlittleornofinancialinterestinthecompany.Theappointmentofanauditcommitteewithonenon-executivedirectorontheboardofConoyCowillstarttoprovidesomenon-executiveinputtoboardmeetings.Whilenotsufficientintermsofcorporategovernancerequirements(aboutequalnumbersofexecutiveandnon-executivedirectorsareexpected)itdoesshowtheboardofConoyCoareattemptingtoestablishappropriategovernancesystems.AdviceonriskmanagementFinally,thereareothergeneralareaswhereConoyCowouldbenefitfromanauditcommittee.Forexample,lackofcorporategovernancestructuresprobablymeansConoyCodoesnothaveariskmanagementcommittee.Theauditcommitteecanalsoprovideadviceonriskmanagement,helpingtodecreasetheriskexposureofthecompany.

  • 第3题:

    Mr.Verder never thought that he would become a member of the board of directors because of his__________origin.

    A.humble
    B.previous
    C.critical
    D.false

    答案:A
    解析:
    【考情点拨】考查形容词词义辨析=【应试指导】句意:由于出身卑微,傅德先生从未想过他会成为董事会的一员:humble卑微的;previous先前的.以前的:critical批评的:false错误的。

  • 第4题:

    Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.
    It can be inferred from the last paragraph that outside directors____

    A.may stay for the attractive offers from the firm
    B.have often had records of wrongdoings in the firm
    C.are accustomed to stressfree work in the firm
    D.will decline incentives from the firm

    答案:A
    解析:
    推理题【命题思路】这是一道封闭式推理题,需要对最后一段进行锁定,从而得出答案。【直击答案】根据题干定位到最后一段第二句“Firms who…create incentives.”这句话的意思是“想要在困难时期留住外部董事的公司可能不得不采取一些激励政策。”由此可以推断出外部董事可能会因为公司采取的政策而留下。A项和原文意思吻合,故是正确答案。【干扰排除】B项与原文意思不符。原文最后一段最后一句只是说外部董事在公司犯错时还在公司任职,但并未说外部董事自己居公司留下劣迹,故不选。最后一段并没有提到外部董事的工作压力,C项属于无中生有,故不选。文末两句“Firms who…the example of Ms.Simmons…”只谈到了公司不得不采取一些激励措施,至于外部董事接受还是拒绝,没有提及。D项属于过度推理,不选。

  • 第5题:

    Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.
    The author's attitude toward the role of outside directors is_____

    A.permissive
    B.positive
    C.scornful
    D.critical

    答案:B
    解析:
    态度题【命题思路】本题需要在理解文章主旨要义的前提下能够识别出作者对外部董事的态度。态度有正向答案,也有负向答案,此题首先考查考生锁定哪个方向的答案;其次考查考生在方向正确的基础上结合原文具体信息进行判断,从而得出作者对外部董事所持有的态度。【直击答案】根据题干信息“The author's attitude”和“the roleof outside directors”定位到第二段“Outside directors…on a firm's board.”。其中原文中的“be supposed to”等于题干中的“The author's attitude”,“serve as”等于题干中的“the role”。根据这句可知“外部董事在公司中应扮演有益而又相对公正的顾问角色。”由此可以判断出作者对外部董事这一角色持肯定态度。另外根据文章最后一段可知“想要在困难时期留住外部董事的公司可能不得不采取一些激励政策。”这说明外部董事对公司还是有积极作用的,综合全文,B项正确。【干扰排除】根据对文章第二段分析可知作者对外部董事的态度应是正向的,故C项和D项感情色彩错误,均不选。纵观整篇文章,作者只是对外部董事进行客观描述,并没有宽容放纵的态度,故A项错误。长难句解析

  • 第6题:

    On behalf of board of directors I appreciate you for providing the____information.

    A.request
    B.requester
    C.requesting
    D.requested

    答案:D
    解析:
    本题考查动词的语态。四个选项是request的不同形式,题目意为:“我代表董事会,感谢您提供所需信息” 。
      requested information,被动语态表示被要求提供的信息。
      

  • 第7题:

    The keyboard of a typewriter refers to the set of keys in it.Most typewriters have"qwerty"key-boards.The name crones from the first six letters on the board′s second line.The"qwerty"board was?set up by C.L.Sholes,who was the first man to make a really good typewriter.
    Some letters,such as S and T,are used together a great deal in English.Sholes placed such?pairs of letter far apart on his keyboard.This made it harder for typists to learn the keyboard.But it?helped keep typewriters from jamming.On early machines the bars holding the letters often caught on?each other when moving quickly.
    Sholes made the name of his machine easy to type.lie placed on the same line all the letters of?the word"type"and"writer".

    The"qwerty"board is named for the__________.

    A.man who set it up
    B.company that sold it
    C.order of six of its letters
    D.letters used the most in English

    答案:C
    解析:
    qwerty是由键盘上6个字母按顺序排列起来组成的。故选C项。

  • 第8题:

    The () will have a rotating honorary chairman.

    ABoard of Directors

    BBoards of Director

    Cboards of director

    DBoard Directors


    A

  • 第9题:

    H旗的意思是“我船上有引员”。()

    • A、The meaning of Flag H is “I have a pilot on board”.
    • B、You should stop your vessel instantly.
    • C、The meaning of Flag H is “I require assistance.”
    • D、The meaning of Flag H is “I have PSC on board”.

    正确答案:A

  • 第10题:

    单选题
    The members of the Board of Directors agree that chief attention ______ to what can bring in the highest profit.
    A

    is to be made    

    B

    is going to direct

    C

    should be paid  

    D

    would have to pay


    正确答案: C
    解析:
    董事会成员一致认为应该把关注的重点放在如何获取最好利润这个问题上。这里应用了pay attention这个动词词组,表示“注意,关注”,句中应该采用被动语态,故C项正确。

  • 第11题:

    单选题
    The members of the Board of Directors agree that chief attention _____ to what can bring in the highest profit.
    A

    is to be made

    B

    is going to direct

    C

    should be paid

    D

    would have to pay


    正确答案: C
    解析:
    句意:董事会成员一致认为应该把关注的重点放在如何获取最好利润这个问题上。这里应用了pay attention这个动词词组,表示“注意,关注”,句中应该采用被动语态,故C项正确。

  • 第12题:

    单选题
    Two boards are being cut for a construction project. If the total length of the boards is 100 inches and the shorter board is 5 inches less than half the length of the longer board, what is the length of the shorter board?
    A

    25 inches

    B

    30 inches

    C

    35 inches

    D

    65 inches

    E

    70 inches


    正确答案: B
    解析:
    设长板的长度为x,短板的长度为y,故x+y=100,y=0.5x-5,故y=30,所以本题选B项。

  • 第13题:

    Centralized management is exercised by a small number of people, the Board of Directors, which is headed by the Chairman (or, in the USA, the President) and decides the overall policy of the ________.

    A.society

    B.family

    C.firm

    D.world


    正确答案:C

  • 第14题:

    All passengers should present their _____ documents at the check-in counter.

    A. boarded
    B. boarding
    C. to board
    D. boards

    答案:B
    解析:

  • 第15题:

    Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.
    We learn from Paragraph 2 that outside directors are supposed to be_____

    A.generous investors
    B.unbiased executives
    C.share price forecasters
    D.independent advisers

    答案:D
    解析:
    细节题【命题思路】这是一道局部细节题,需要对第二段进行锁定,从而得出答案。【直击答案】根据题干直接定位到第二段首句“Outside directors…on a firm's board.”从这句话我们得知外部董事所扮演的角色是advisers(顾问),其特点是helpful,less biased。接下来,第二句话“they…the chief executive's proposals.”表明外部董事实际是具有独立性的顾问,因此,D项为正确答案。【干扰排除】A项属于无中生有,“made their wealth…elsewhere”“在别处创造了财富”并不等于“慷慨的投资者”。B项干扰来自yet less biased,文章中确实提到了“less biased advisers”,但是选项中是executive并不是advisers,另外less biased不等于选项中的unbiased,偷换了概念,故不对。C项的干扰来自文章第二段最后一句“If the sky,and the share price…having weathered their own crises”。这句话仍然说明outside director作用是advisers,并不是股价预测者。

  • 第16题:

    Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.
    According to the researchers from Ohio University,after an outside director's surprise departure,the firm is likely to_____

    A.become more stable
    B.report increased earnings
    C.do less well in the stock market
    D.perform worse in lawsuits

    答案:C
    解析:
    细节题【命题思路】这是一道局部细节题,需要根据题干的关键信息对文章相关内容进行锁定,从而在准确定位之后得出答案。【直击答案】根据题干定位到第三段第四句和第五句,这两句列出了外部董事离开后可能出现的三种情况。其中“the stock is likely to perform worse”即为C项的意思,选项中的“do less well”等于原文中的“perform worse”,故C项正确。【干扰排除】从文中可知外部董事突然离开公司后,公司需要重申盈利的可能性增加了近20%,说明外部董事的离开会让公司境况变得不好,A项与原文信息完全相反,应排除。B项干扰来自文中“the probability…earnings increases…”分析句子主干“the probability increases by nearly 20%”可知不是earnings增加20%。D项干扰来自文中“The likelihood…also increases”。表现不佳是在“stock”中(the stock is likely to perform worse),选项把对“stock”的描述强加到“lawsuit”上,张冠李戴,故不选。

  • 第17题:

    Text 1 Ruth Simmons joined Goldman Sachs's board as an outside director in January 2000;a year later she became president of Brown University.For the rest of the decade she apparently managed both roles without attracting much criticism.But by the end of 2009 Ms.Simmons was under fire for having sat on Goldman's compensation committee;how could she have let those enormous bonus payouts pass unremarked?By February the next year Ms.Simmons had left the board.The position was just taking up too much time,she said.Outside directors are supposed to serve as helpful,yet less biased,advisers on a firm's board.Having made their wealth and their reputations elsewhere,they presumably have enough independence to disagree with the chief executive's proposals.If the sky,and the share price,is falling,outside directors should be able to give advice based on having weathered their own crises.The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004.Then they simply checked which directors stayed from one proxy statement to the next.The most likely reason for departing a board was age,so the researchers concentrated on those“surprise”disappearances by directors under the age of 70.They found that after a surprise departure,the probability that the company will subsequently have to restate earnings increases by nearly 20%.The likelihood of being named in a federal classaction lawsuit also increases,and the stock is likely to perform worse.The effect tended to be larger for larger firms.Although a correlation between them leaving and subsequent bad performance at the firm is suggestive,it does not mean that such directors are always jumping off a sinking ship.Often they“trade up,”leaving riskier,smaller firms for larger and more stable firms.But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news break,even if a review of history shows they were on the board at the time any wrongdoing occurred.Firms who want to keep their outside directors through tough times may have to create incentives.Otherwise outside directors will follow the example of Ms.Simmons,once again very popular on campus.
    According to Paragraph 1,Ms.Simmons was criticized for_____

    A.gaining excessive profits
    B.failing to fulfill her duty
    C.refusing to make compromises
    D.leaving the board in tough times

    答案:B
    解析:
    推理题【命题思路】这是一道封闭式推理题,需要对第一段进行锁定,从而得出答案。【直击答案】根据题干关键词Paragraph 1和Ms.Simmons was criticized for定位到首段第三句。文中短语“be under fire”是对题干中“criticized”一词的同义替换,答案在“for”后的部分。这句话用一个反问句说明她做的事情,作为薪酬委员会的成员让巨额款项流失,属失职行为,因此答案选B项。【干扰排除】A项的干扰来自“have let those enormous bonus payouts pass”,发放巨额奖金是对其他人而言,而获得太多利益是针对个人,主体不同,故A项不对。C项“拒绝妥协”属于无中生有,原文首段并未提到。D项属于因果颠倒,“the next year Ms.Simmons had left the board”,并不是受到批评的原因,而是结果。

  • 第18题:

    The keyboard of a typewriter refers to the set of keys in it.Most typewriters have"qwerty"key-boards.The name crones from the first six letters on the board′s second line.The"qwerty"board was?set up by C.L.Sholes,who was the first man to make a really good typewriter.
    Some letters,such as S and T,are used together a great deal in English.Sholes placed such?pairs of letter far apart on his keyboard.This made it harder for typists to learn the keyboard.But it?helped keep typewriters from jamming.On early machines the bars holding the letters often caught on?each other when moving quickly.
    Sholes made the name of his machine easy to type.lie placed on the same line all the letters of?the word"type"and"writer".

    This article is mostly about a__________.

    A.pair of letters
    B.keyboard
    C.language
    D.man's life

    答案:B
    解析:
    从第一段第一句可知,这篇文章主要谈论的是keyboard。故B项正确。

  • 第19题:

    The keyboard of a typewriter refers to the set of keys in it.Most typewriters have"qwerty"key-boards.The name crones from the first six letters on the board′s second line.The"qwerty"board was?set up by C.L.Sholes,who was the first man to make a really good typewriter.
    Some letters,such as S and T,are used together a great deal in English.Sholes placed such?pairs of letter far apart on his keyboard.This made it harder for typists to learn the keyboard.But it?helped keep typewriters from jamming.On early machines the bars holding the letters often caught on?each other when moving quickly.
    Sholes made the name of his machine easy to type.lie placed on the same line all the letters of?the word"type"and"writer".

    Sholes put S and T far apart because__________.

    A.he hoped to prevent jamming
    B.they are seldom used together
    C.neither is a vowel
    D.there wasn't room for them together

    答案:A
    解析:
    由文章中第二段第四句“But it helped keep?typewriters from jamming.”可知A项符合文章意思。

  • 第20题:

    Board of trustees is composed chiefly of laymen because()

    Athey are more likely to represent public interests

    Bthey have more commonsense and less professional bias

    Ctheir interests are affected by board decisions

    DNone of the above


    A

  • 第21题:

    单选题
    We have two kinds of cargo on board,but()is dangerous.
    A

    either

    B

    neither

    C

    none

    D

    no


    正确答案: C
    解析: 暂无解析

  • 第22题:

    单选题
    Board of trustees is composed chiefly of laymen because()
    A

    they are more likely to represent public interests

    B

    they have more commonsense and less professional bias

    C

    their interests are affected by board decisions

    D

    None of the above


    正确答案: D
    解析: 暂无解析

  • 第23题:

    单选题
    The () will have a rotating honorary chairman.
    A

    Board of Directors

    B

    Boards of Director

    C

    boards of director

    D

    Board Directors


    正确答案: C
    解析: 暂无解析