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AGRC International Certified Corporate Governance Officer Sample Questions (Q47-Q52):
NEW QUESTION # 47
The guiding charter for family companies includes:
- A. Strengthening the cohesion of family members.
- B. All of the above.
- C. Establishing a balance between the interests of family members and the interests of the company.
Answer: B
NEW QUESTION # 48
The classification of independent board members includes, and among the symptoms of a lack of independence are:
- A. The percentage of his ownership is 10% or more of the company's shares.
- B. He has spent more than 9 consecutive or separate years as a member of the company's board of directors.
- C. He receives a financial amount as a bonus in addition to the remuneration for his board membership or any of its committees that exceeds 250,000 riyals or 50% of his remuneration in the previous year.
Answer: B
NEW QUESTION # 49
A member of the audit committee is not allowed to hold membership in more than one audit committee in:
- A. more than 3 listed companies in the market at the same time.
- B. more than 4 listed companies in the market at the same time.
- C. more than 5 listed companies in the market at the same time.
Answer: A
NEW QUESTION # 50
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. All of the above
- B. Committee members and the five highest-paid executives
- C. The Chairman and members of the board
Answer: A
NEW QUESTION # 51
The "governance model" means:
- A. The laws, decisions, and charters that guide the work of the board of directors.
- B. The rules, procedures, and systems that guide the board of directors in performing its duties.
- C. All of the above.
Answer: A
NEW QUESTION # 52
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