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WorksheetsBoard of Director
Total questions: 10
Worksheet time: 4mins
What is the correct 5 board subcommittee
Ethics, Accounting, Nomination, Risk, Coordination
Audit, Remuneration,Nomination, Risk, Ethics
Remuneration, Finance, Ethics, Accounting, Nomination
Audit, Remuneration, Risk, Ethics, Finance
Majority of non-executive directors on it be chaired either by the chairman or a non-executive director
True
False
Board of directors responsibilities are unlikely to include
a duty to keep proper accounting records
a fiduciary duty
a duty to propose high dividends for shareholders
a duty of care
The board of directors must ensure that the company's corporate governance policies incorporate...
the corporate strategy
risk management
All of the above
ethical business practices
The powers of BOD
Approve the financial statement
Involves in a daily company operation
Protect the country from enemies
Choose the shareholders
Who can be a Chairman
Clerk
Chief Executive Officer
Shareholders
Politician
Non-executive directors have a prime role in appointing and removing executive directors?
True
False
Which of the following is not situations where a non-executive director’s independence could be called into question.
Where the director was a former employee of the company or group within the last five years
Where additional remuneration (apart from the director’s fee) was received from the company
He/she had not served on the board for more than nine years
Where the director had close family ties with the company’s other directors or senior employees, or with any of the company’s advisors
Which of the following is not the responsibilities of a risk committee?
Provide timely input to management on critical risk issues
Oversee the internal controls of the company
Promote a healthy risk culture
Oversee the conduct, and review the results, of company-wide risk assessments
The main role of an ethics committee is to set and oversee the rules for a company's conduct.
True
False
