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Pass the AGRC Corporate Governance Officer ICCGO Questions and answers with ValidTests

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Questions # 1:

The method of holding the ordinary general assembly and the duration of the invitation shall be:

Options:

A.

First meeting: The period between the invitation and the meeting shall not be less than 20 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 30 days.

Expert Solution
Questions # 2:

The concept of "Board Secretary" is:

Options:

A.

The person concerned with documenting the meetings of the Board of Directors.

B.

The person responsible for keeping the documents of the Board of Directors.

C.

Something else.

Expert Solution
Questions # 3:

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.

Expert Solution
Questions # 4:

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

Expert Solution
Questions # 5:

A member of the audit committee is not allowed to hold membership in more than one audit committee in:

Options:

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.

Expert Solution
Questions # 6:

Trust, integrity, objectivity in the company's management procedures, and proper disclosure in a timely manner are among the most important principles of governance, which are called:

Options:

A.

The Principle of Justice

B.

The Principle of Transparency

C.

The Principle of Independence

Expert Solution
Questions # 7:

The legal quorum for holding the ordinary general assembly is:

Options:

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.

Expert Solution
Questions # 8:

The "Agency Theory" emerged:

Options:

A.

As a result of a set of common interests between those responsible for the management process and the shareholders in companies.

B.

To solve governance problems.

C.

As a result of a set of disputes and problems between those responsible for the management process and the shareholders in companies.

Expert Solution
Questions # 9:

The "Three Lines of Defense" model is one of the well-known tools for understanding and implementing risk management, and the first line of defense includes:

Options:

A.

Internal control procedures

B.

Risk management

C.

Internal audit

Expert Solution
Questions # 10:

"Work ethics" fall under the main risks of:

Options:

A.

Commitment

B.

Organizational

C.

Strategic

Expert Solution
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