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AGRC International Certified Corporate Governance Officer Sample Questions:
1. In the context of conflicts of interest, a member of the board of directors is allowed to have a direct or indirect interest in the business and contracts conducted on behalf of the company, provided that:
A) An annual license is obtained from the board of directors.
B) An annual license is obtained from the Chairman of the board of directors.
C) An annual license is obtained from the General Assembly.
2. The "Three Lines of Defense" model is one of the important tools for understanding and implementing risk management in companies. The first line in this model includes:
A) Quality.
B) Risk management.
C) Internal control procedures.
3. There are several differences between governance and management, and it can be said that:
A) All of the above.
B) The board of directors makes its decisions individually.
C) Executives and managers make their decisions individually.
4. The company must disclose the information required by the corporate governance regulations issued by the Capital Market Authority. It must also disclose, for example:
A) All of the above.
B) The names of the shareholder companies in which a board member is also a member of their board.
C) The formation of the board of directors and the classification of its members as follows: an executive board member, a non-executive, or an independent board member.
5. The guiding charter for family companies includes:
A) All of the above.
B) Establishing a balance between the interests of family members and the interests of the company.
C) Strengthening the cohesion of family members.
Solutions:
Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |