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AGRC International Certified Corporate Governance Officer Sample Questions:

1. There are some obstacles to the independence of board members, such as:

A) The member owning 10% or more of the company's shares.
B) The member owning 5% or more of the company's shares.
C) The member owning 3% or more of the company's shares.

2. There are several strategies for dealing with risks, such as the "risk implementation strategy," which means:

A) Taking planned and necessary measures to prevent risks from affecting the organization.
B) Implementing a risk removal plan through, for example, insurance contracts.
C) Implementing a work plan to confront a significant increase in risks that exceeds the acceptable amount.

3. Examples of organizational structures that companies design to implement governance rules are:

A) The structure of the executive committee.
B) All of the above.
C) The organizational structure.

4. The concept of "Board Secretary" is:

A) The person responsible for keeping the documents of the Board of Directors.
B) Something else.
C) The person concerned with documenting the meetings of the Board of Directors.

5. The Sarbanes-Oxley Act was issued by the U.S. government, and one of its positive effects is:

A) Reducing risks when detecting violations at the appropriate time.
B) Enhancing the role of management and external auditors in the process of preparing financial statements.
C) Protecting shareholders from the transgressions of the board of directors.

Solutions: