AGRC ICCGO Exam Questions - mytestengine Practice Lab

Question 1 VERIFIED

The board of directors' reality on the ground shows that a large number of countries around the world have established rules and regulations for this committee.

A

A. The Remuneration Committee

B

B. The Review Committee

C

C. The Nominations Committee

Correct Answer: A

Explanation:

Answer: A

Question 2 VERIFIED

A member of the audit committee is not allowed to hold membership in more than one audit committee in:

A

A. more than 3 listed companies in the market at the same time.

B

A. more than 3 listed companies in the market at the same time.

C

C. more than 5 listed companies in the market at the same time.

Correct Answer: A

Explanation:

Answer: A

Question 3 VERIFIED

There are some obstacles to the independence of board members, such as:

A

A. The member owning 3% or more of the company's shares.

B

B. The member owning 5% or more of the company's shares.

C

C. The member owning 10% or more of the company's shares.

Correct Answer: C

Explanation:

Answer: C

Question 4 VERIFIED

Trust, integrity, objectivity in the company's management procedures, and proper disclosure in a timely manner are among the most important principles of governance, which are called:

A

A. The Principle of Justice

B

B. The Principle of Transparency

C

C. The Principle of Independence

Correct Answer: B

Explanation:

Answer: B

Question 5 VERIFIED

Best practices generally indicate that the optimal number for forming the board of directors in family companies is:

A

A. ranging from 7 to 9 members

B

B. ranging from 3 to 7 members

C

C. ranging from 5 to 9 members

Correct Answer: A

Explanation:

Answer: A

Demo AGRC ICCGO Exam Questions

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