KING IV QUIZ

The Governing body should consist of a majority of executive directors

• True

• False

choose the correct answer

The following is the function of a lead independent director:

• to lead in the absence of the chair

• To steer the organisation and set strategic directions

Who should appoint the CEO?

• The governing body

• The auditors

• The directors

• The bookkeepers

Is king IV a statutory or voluntary code?

• statutory

• voluntary

choose the correct answers

A member of the governing body is not independent when?

• Entitled to remuneration contingent on organisation's perfornance

• serves as a sounding board for the chair

• significant provider of financial capital

Choose the INCORRECT statement from the ones below

The remuneration policy is designed to achieve the following objectives:

• To promote positive outcomes

• to ensure compliance with relevant laws

When will a retired CEO be permitted to become the chairperson of the board?

• one year after resignation

• immediately after resignation

• 3 years after resignation

• 10 years after resignation

BONUS QUESTION

Who is the current Auditor General in South Africa?