Which one of the following statements is false relating to protection for whistle-blowers jn terms of the Companies Act? A. Whistle-blowers must make their disclosures in good faith. B. Whistle-blowers protected by the Companies Act includes, inter alia, shareholders, directors, employees and suppliers of a company. C. The Companies Act offers protection for whistle-blowers against dismissal, demotion or legal action, provided that all of its terms have been met. D. A company can override the requirements of the Companies Act relating to whistle-blowers, in its memorandum of incorporation (MOI) or its rules.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Question 7 of 30
Which one of the following statements is false relating to protection for whistle-blowers in terms of the Companies Act?
OA. Whistle-blowers must make their disclosures in good faith.
B. Whistle-blowers protected by the Companies Act includes, inter alia, shareholders, directors, employees and suppliers of a
company.
C. The Companies Act offers protection for whistle-blowers against dismissal, demotion or legal action, provided that all of its
terms have been met.
D. A company can override the requirements of the Companies Act relating to whistle-blowers, in its memorandum of
incorporation (MOI) or its rules.
Reset Selecton
Transcribed Image Text:Question 7 of 30 Which one of the following statements is false relating to protection for whistle-blowers in terms of the Companies Act? OA. Whistle-blowers must make their disclosures in good faith. B. Whistle-blowers protected by the Companies Act includes, inter alia, shareholders, directors, employees and suppliers of a company. C. The Companies Act offers protection for whistle-blowers against dismissal, demotion or legal action, provided that all of its terms have been met. D. A company can override the requirements of the Companies Act relating to whistle-blowers, in its memorandum of incorporation (MOI) or its rules. Reset Selecton
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Investor Education and Protection
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education