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AGRC International Certified Corporate Governance Officer Sample Questions:

1. It is permissible to re-elect the same members of the board of directors at the end of the current board's term, unless:

A) This contradicts the opinion of the audit committee.
B) This contradicts the company's basic regulations.
C) This contradicts the opinion of the governance committees.

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

A) OECD Organization for Economic Cooperation and Development for Governance
B) Basel Committee
C) King IV Report Principles for Governance

3. The legal quorum for holding the ordinary general assembly is:

A) Second meeting: The meeting is valid regardless of the number of subscribers present.
B) Second meeting: at least half of the company's capital.
C) Second meeting: at least a quarter of the company's capital.

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

A) Includes appropriately undertaking the roles of some committees, such as the risk committee, if they are not formed.
B) Includes participating in the work of the formed committees, such as the risk committee, the remuneration committee, and the nominations committee.
C) Does not include undertaking any work related to the risk committee.

5. The company must disclose the information required by the governance regulations issued by the Capital Market Authority, just as it must disclose, for example, the remunerations paid in the form of rewards, attendance allowances, other wages, etc., for each of:

A) The Chairman and members of the board
B) All of the above
C) Committee members and the five highest-paid executives

Solutions: