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AGRC International Certified Corporate Governance Officer Sample Questions:

1. Reducing conflicts of interest between the General Assembly, the Board of Directors, and the executive managers is:

A) One of the results of the availability of external factors affecting corporate governance.
B) One of the results of the availability of internal and external factors affecting corporate governance.
C) One of the results of the availability of internal factors affecting corporate governance.

2. The classification of independent board members includes, and among the symptoms of a lack of independence are:

A) The percentage of his ownership is 10% or more of the company's shares.
B) He receives a financial amount as a bonus in addition to the remuneration for his board membership or any of its committees that exceeds 250,000 riyals or 50% of his remuneration in the previous year.
C) He has spent more than 9 consecutive or separate years as a member of the company's board of directors.

3. The "Three Lines of Defense" model is one of the important tools for understanding and implementing risk management in companies. The second line in this model includes:

A) Governance and compliance.
B) Financial oversight.
C) All of the above.

4. Governance helps in managing the company in a way that achieves the maximum benefit for everyone, including:

A) Reducing waste, corruption, and conflicts of interest.
B) Increasing the rate of employee retention.
C) All of the above.

5. The "governance model" means:

A) All of the above.
B) The laws, decisions, and charters that guide the work of the board of directors.
C) The rules, procedures, and systems that guide the board of directors in performing its duties.

Solutions: