Pass ICCGO Exam - Real Test Engine PDF with 52 Questions
Get New ICCGO Certification Practice Test Questions Exam Dumps
NEW QUESTION # 14
When forming the board of directors, it must be:
- A. 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. - 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 three or one-third of the total members of the board, whichever is greater.
Answer: C
NEW QUESTION # 15
The difference between the COSO framework for enterprise risk management and the ISO 31000 international standard for risk management, in terms of the "risk management process" is that:
- A. The ISO 31000 methodology for risk management is a non-traditional process.
- B. The COSO framework focuses more on setting conceptual frameworks for risk management.
- C. The COSO framework focuses heavily on the practical steps of the risk management process.
Answer: B
NEW QUESTION # 16
The method of holding the ordinary General Assembly and the duration of the invitation is:
- A. The second meeting: within thirty days from the date of the previous meeting.
- B. The second meeting: within sixty days from the date of the previous meeting.
- C. The second meeting: within twenty days from the date of the previous meeting.
Answer: A
NEW QUESTION # 17
The method of holding the extraordinary general assembly and the duration of the invitation shall be:
- A. First meeting: The period between the invitation and the meeting shall not be less than 30 days.
- B. First meeting: The period between the invitation and the meeting shall not be less than 21 days.
- C. First meeting: The period between the invitation and the meeting shall not be less than 60 days.
Answer: A
NEW QUESTION # 18
Governance helps in managing the company in a way that achieves the maximum benefit for everyone, including:
- A. All of the above.
- B. Increasing the rate of employee retention.
- C. Reducing waste, corruption, and conflicts of interest.
Answer: C
NEW QUESTION # 19
The concept of "Board Secretary" is:
- A. The person responsible for keeping the documents of the Board of Directors.
- B. The person concerned with documenting the meetings of the Board of Directors.
- C. Something else.
Answer: A
NEW QUESTION # 20
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 company's basic regulations.
- B. This contradicts the opinion of the governance committees.
- C. This contradicts the opinion of the audit committee.
Answer: A
NEW QUESTION # 21
Among the duties of the board of directors in family companies are:
- A. Ensuring the efficiency of internal control and risk management.
- B. Monitoring the performance of the management and ensuring the availability of financial resources.
- C. All of the above.
Answer: A
NEW QUESTION # 22
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
Answer: B
NEW QUESTION # 23
In the context of conflicts of interest, members of the board of directors are prohibited from:
- A. Trading shares during the prohibited periods specified by the Capital Market Authority.
- B. Trading company shares based on insider information.
- C. All of the above.
Answer: A
NEW QUESTION # 24
According to the study conducted by Beck, Tunny, Kiel, and Nicholson, the competence of board members can be assessed to determine their training needs in the following areas:
- A. Industry, trade, management, and leadership
- B. Industry and movement, and behavioral skills
- C. Accounting, trade, management, and finance
Answer: A
NEW QUESTION # 25
The required quorum for the validity of the decisions of the Extraordinary General Assembly in the case of increasing capital:
- A. Decisions are issued by a majority of two-thirds of the shares represented at the meeting.
- B. Decisions are issued by a majority of one-half of the shares represented at the meeting.
- C. Decisions are issued by a majority of three-quarters of the shares represented at the meeting.
Answer: C
NEW QUESTION # 26
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 a quarter of the company's capital.
- C. Second meeting: at least half of the company's capital.
Answer: A
NEW QUESTION # 27
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.
Answer: A
NEW QUESTION # 28
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.
Answer: B
NEW QUESTION # 29
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 internal 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 external factors affecting corporate governance.
Answer: B
NEW QUESTION # 30
There are many company obligations when receiving reports of violations, such as:
- A. Preserving all reports.
- B. None of the above.
- C. Preserving all evidence.
Answer: A
NEW QUESTION # 31
Among the responsibilities of the board of directors is to ensure the application of:
- A. Appropriate control systems for measuring and managing risks.
- B. Control systems that cover all activities.
- C. Traditional internal control systems.
Answer: A
NEW QUESTION # 32
One of the most important schools that worked on developing governance principles around the world, and is considered one of the banking regulatory bodies, is:
- A. Basel Committee
- B. OECD Organization for Economic Cooperation and Development for Governance
- C. Cadbury Rules Committee
Answer: A
NEW QUESTION # 33
Among the most important schools that have worked on developing governance principles around the world and have highlighted the importance of including at least three non-executive members in the board of directors are:
- A. Cadbury Rules Recommendations
- B. OECD Principles of Corporate Governance
- C. King IV Report Principles for Governance
Answer: C
NEW QUESTION # 34
......
ICCGO Exam Dumps - PDF Questions and Testing Engine: https://www.exams4sures.com/AGRC/ICCGO-practice-exam-dumps.html
Real ICCGO Exam Dumps Questions Valid ICCGO Dumps PDF: https://drive.google.com/open?id=1_jQMyWJbU1RnXl0ATMNUXIeQ-wzFf9fh