AGRC International Certified Corporate Governance Officer Sample Questions:
1. The "Agency Theory" emerged:
A) To solve governance problems.
B) As a result of a set of disputes and problems between those responsible for the management process and the shareholders in companies.
C) As a result of a set of common interests between those responsible for the management process and the shareholders in companies.
2. With due regard for the principle of proportionality, the board of directors' supervisory role:
A) Includes participating in the work of the formed committees, such as the risk committee, the remuneration committee, and the nominations committee.
B) Includes appropriately undertaking the roles of some committees, such as the risk committee, if they are not formed.
C) Does not include undertaking any work related to the risk committee.
3. The guiding charter for family companies includes:
A) Strengthening the cohesion of family members.
B) Establishing a balance between the interests of family members and the interests of the company.
C) All of the above.
4. The specializations and responsibilities of the audit committee can be summarized in:
A) Submitting to the board issues that the committee deems necessary to take action on, supported by its recommendations and the procedures that the board must take.
B) Internal audit and external audit.
C) Financial reports, internal audit, external audit, and compliance.
5. Examples of organizational structures that companies design to implement governance rules are:
A) The organizational structure.
B) All of the above.
C) The structure of the executive committee.
Solutions:
Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |