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AGRC International Certified Corporate Governance Officer Sample Questions:

1. In the context of conflicts of interest, members of the board of directors are prohibited from:

A) Trading company shares based on insider information.
B) Trading shares during the prohibited periods specified by the Capital Market Authority.
C) All of the above.

2. Board members are evaluated annually, and the evaluation includes a set of axes:

A) Skills and work mechanisms and performance, individual evaluation for board members, and collective evaluation for the chairman of the board.
B) Skills and work mechanisms and performance, collective evaluation for board members, and individual evaluation for the chairman of the board.
C) Skills and work mechanisms and performance, individual evaluation for board members, and periodic evaluation for the chairman of the board.

3. Among the duties of the board of directors in family companies are:

A) All of the above.
B) Ensuring the efficiency of internal control and risk management.
C) Monitoring the performance of the management and ensuring the availability of financial resources.

4. The "Three Lines of Defense" model is one of the important tools for understanding and implementing risk management in companies. The second line in this model includes:

A) Financial oversight.
B) All of the above.
C) Governance and compliance.

5. 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.

Solutions: