AGRC ICCGO Exam Questions Instant Access - No Installation Required

Question 1

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

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

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

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

Answer : C

Question 2

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 3

When comparing the COSO framework for risk management with the ISO 31000 international standard for risk management, in terms of the use of terminology, we find that:

AThe COSO framework discusses some concepts and terms derived from 'risk acceptance level.'

BThe ISO 31000 international standard for risk management discusses many common concepts and terms for risk management.

CThe ISO 31000 international standard for risk management refers to the concept of 'risk tolerance' as well as 'risk criteria.'

Answer : B

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

There are many company obligations when receiving reports of violations, such as:

APreserving all evidence.

BPreserving all reports.

CNone of the above.

Answer : B

Question 6

With due regard for the principle of proportionality, the board of directors' supervisory role:

AIncludes appropriately undertaking the roles of some committees, such as the risk committee, if they are not formed.

BIncludes participating in the work of the formed committees, such as the risk committee, the remuneration committee, and the nominations committee.

CDoes not include undertaking any work related to the risk committee.

Answer : A

Question 7

"Work ethics" fall under the main risks of:

ACommitment

BOrganizational

CStrategic

Answer : A

AGRC International Certified Corporate Governance Officer ICCGO Exam Questions