Question 1

One of the most prominent schools that worked on developing governance principles globally is:

Options :

A : Sarbanes-Oxley Act

B : Cadbury Rules recommendations

C : All of the above

Answer: A

Question 2

Board members are evaluated annually, and the evaluation includes a set of axes:

Options :

A : Skills and work mechanisms and performance, collective evaluation for board members, and individual evaluation for the chairman of the board.

B : Skills and work mechanisms and performance, individual evaluation for board members, and periodic evaluation for the chairman of the board.

C : Skills and work mechanisms and performance, individual evaluation for board members, and collective evaluation for the chairman of the board.

Answer: B

Question 3

The company must disclose the information required by the corporate governance regulations issued by the Capital Market Authority. It must also disclose, for example:

Options :

A : The names of the shareholder companies in which a board member is also a member of their board.

B : 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.

C : All of the above.

Answer: B

Question 4

When forming the board of directors, it must be:

Options :

A : The majority of the members are non-executive and the number of independent members is no less than three or one-third of the total members of the board, whichever is greater.

B : The majority of the members are non-executive and the number of independent members is no less than 2 or one-third of the total members of the board, whichever is less.

C : The majority of the members are non-executive and the number of independent members is no less than 2 or one-third of the total members of the board, whichever is greater.

Answer: A

Question 5

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:

Options :

A : Internal control procedures.

B : Risk management.

C : Quality.

Answer: B

Free ICCGO Mock Exam – Practice Online Confidently

Buying Options: