AGRC ICCGO Exam Questions Instant Access - No Installation Required

Question 1

Examples of "material developments" that must be disclosed without delay are:

AAny debt outside the company's normal course of business amounting to or exceeding 10% of the company's net assets.

BAny debt outside the company's normal course of business amounting to or exceeding 10% of the company's total assets.

CAny debt outside the company's normal course of business amounting to or exceeding 5% of the company's net assets.

Answer : B

Question 2

The concept of "Board Secretary" is:

AThe person concerned with documenting the meetings of the Board of Directors.

BThe person responsible for keeping the documents of the Board of Directors.

CSomething else.

Answer : B

Question 3

"Work ethics" fall under the main risks of:

ACommitment

BOrganizational

CStrategic

Answer : A

Question 4

The legal quorum for holding the ordinary general assembly is:

ASecond meeting: The meeting is valid regardless of the number of subscribers present.

BSecond meeting: at least a quarter of the company's capital.

CSecond meeting: at least half of the company's capital.

Answer : A

Question 5

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

AOne of the results of the availability of internal factors affecting corporate governance.

BOne of the results of the availability of external factors affecting corporate governance.

COne of the results of the availability of internal and external factors affecting corporate governance.

Answer : C

Question 6

One of the most important recommendations for developing governance principles around the world, specifically "communication regarding risks," is:

AKing IV Report Principles for Governance

BOECD Organization for Economic Cooperation and Development for Governance

CBasel Committee

Answer : B

Question 7

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

Amore than 3 listed companies in the market at the same time.

Bmore than 4 listed companies in the market at the same time.

Cmore than 5 listed companies in the market at the same time.

Answer : A

AGRC International Certified Corporate Governance Officer ICCGO Exam Questions