Question: 4 Which feature is viewed as more shareholder friendly? OA. CEO and Chair of the board is the same person B. A majority of insiders

4 Which feature is viewed as more shareholder friendly? OA. CEO and Chair of the board is the same person B. A majority of insiders on the board C. A staggered board like the US Senate OD. Annual election of board members QUESTION 5 Which answer best describes an "earnings surprise"? OA. When a company's actually quarterly earnings differs significantly from analyst estimates B. When a company guides earnings estimates lower O C. When new information comes out in a 10Q release D. When a company moves up the date of their earnings release

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