Which of the following statements is true? The shareholders will be the directors...

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Accounting

  1. Which of the following statements is true?
  1. The shareholders will be the directors of most companies.
  2. The directors are the stewards of the company responsible for looking after the company on behalf of the owners.
  3. Directors will always have a vested interest in the company doing well because they own shares in the company they work for
  4. The auditors may also be business partners of the directors.

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