Composition of the Governing Body

According to King IV, who is responsibile for the execution of the plans implemented to achieve the organisation's strategic objectives?

• The governing body

• The Chief Executive Officer (CEO)

• Management of the organisation

• Only the employees

Mr Credit is the financial director at ABC Bank Ltd. Mr Credit can be classified as:

• An executive director

• A non-executive director

• An indepedent non-executive director

• A silent director

Mrs Apple is a director at Orange Ltd. She is not involved in the daily management of the company. She also ownes shares in the company that she considers to be material to her personal wealth. Mrs Apple can be classified as:

• An executive director

• A non-executive director

• An independent non-executive director

• An independent executive director

According to King IV, the governing body should comprise of a majority of:

• Executive members

• Non-executive members

• Independent non-executive directors

• Males

According to King IV, the chairperson of the govening body may not be a member of the following governing body committee:

• Audit Committee

• Risk Governance Committee

• Nomination Committees

• Social and Ethics Committee

According to King IV, the performance of the governing body, its committees and the individual members of the committee should be conducted at least every ... year.

• one (1) year

• two (2) years

• three (3) years

• five (5) years

Mr Gump is a director of Forest Ltd and not involved in the daily management of the company. He regulary buys food from Pick-n-Save, a material suppliers of Forest Ltd. Mr Gump can be classified as:

• An executive director

• A non-executive director

• An independent non-executive director

• An Audit Committee member