Question: 1) The planning phase includes preparing budgets for the upcoming period. True or False 2) Effective corporate governance enhances stakeholders' confidence that an organization is

1) The planning phase includes preparing budgets for the upcoming period.

True or False

2) Effective corporate governance enhances stakeholders' confidence that an organization is being managed in their best interests rather than solely in the interests of top management and certain key individuals.

True or False

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