New 2026 Guaranteed Success with ExamsLabs ICCGO Dumps AGRC PDF Questions
Exceptional Practice To International Certified Corporate Governance Officer Pass the First Time
NEW QUESTION # 25
Among the most important schools that have worked on developing governance principles around the world and have highlighted the importance of including at least three non-executive members in the board of directors are:
- A. OECD Principles of Corporate Governance
- B. Cadbury Rules Recommendations
- C. King IV Report Principles for Governance
Answer: C
NEW QUESTION # 26
When forming the board of directors, it must be:
- A. The majority of the members are non-executive and the number of independent members is no less than three or one-third of the total members of the board, whichever is greater.
- B. The majority of the members are non-executive and the number of independent members is no less than
2 or one-third of the total members of the board, whichever is greater. - C. The majority of the members are non-executive and the number of independent members is no less than
2 or one-third of the total members of the board, whichever is less.
Answer: A
NEW QUESTION # 27
The company must disclose the information required by the governance regulations issued by the Capital Market Authority, just as it must disclose, for example, the remunerations paid in the form of rewards, attendance allowances, other wages, etc., for each of:
- A. All of the above
- B. Committee members and the five highest-paid executives
- C. The Chairman and members of the board
Answer: A
NEW QUESTION # 28
The method of holding the ordinary general assembly and the duration of the invitation shall be:
- A. First meeting: The period between the invitation and the meeting shall not be less than 20 days.
- B. First meeting: The period between the invitation and the meeting shall not be less than 30 days.
- C. First meeting: The period between the invitation and the meeting shall not be less than 21 days.
Answer: C
NEW QUESTION # 29
Among the most important factors affecting corporate governance are:
- A. The efficiency of banks and the capital market.
- B. All of the above.
- C. The efficiency of regulatory bodies and agencies.
Answer: B
NEW QUESTION # 30
The method of holding the extraordinary general assembly and the duration of the invitation shall be:
- A. First meeting: The period between the invitation and the meeting shall not be less than 60 days.
- B. First meeting: The period between the invitation and the meeting shall not be less than 21 days.
- C. First meeting: The period between the invitation and the meeting shall not be less than 30 days.
Answer: C
NEW QUESTION # 31
A member of the audit committee is not allowed to hold membership in more than one audit committee in:
- A. more than 4 listed companies in the market at the same time.
- B. more than 3 listed companies in the market at the same time.
- C. more than 5 listed companies in the market at the same time.
Answer: B
NEW QUESTION # 32
The "Agency Theory" emerged:
- A. As a result of a set of disputes and problems between those responsible for the management process and the shareholders in companies.
- B. As a result of a set of common interests between those responsible for the management process and the shareholders in companies.
- C. To solve governance problems.
Answer: A
NEW QUESTION # 33
There are many company obligations when receiving reports of violations, such as:
- A. Preserving all reports.
- B. None of the above.
- C. Preserving all evidence.
Answer: A
NEW QUESTION # 34
The company must disclose the information required by the corporate governance regulations issued by the Capital Market Authority. It must also disclose, for example:
- A. The names of the shareholder companies in which a board member is also a member of their board.
- B. The formation of the board of directors and the classification of its members as follows: an executive board member, a non-executive, or an independent board member.
- C. All of the above.
Answer: B
NEW QUESTION # 35
The guiding charter for family companies includes:
- A. Establishing a balance between the interests of family members and the interests of the company.
- B. All of the above.
- C. Strengthening the cohesion of family members.
Answer: B
NEW QUESTION # 36
The method of holding the ordinary General Assembly and the duration of the invitation is:
- A. The second meeting: within twenty days from the date of the previous meeting.
- B. The second meeting: within thirty days from the date of the previous meeting.
- C. The second meeting: within sixty days from the date of the previous meeting.
Answer: B
NEW QUESTION # 37
Best practices generally indicate that the optimal number for forming the board of directors in family companies is:
- A. ranging from 7 to 9 members
- B. ranging from 5 to 9 members
- C. ranging from 3 to 7 members
Answer: A
NEW QUESTION # 38
Examples of organizational structures that companies design to implement governance rules are:
- A. The organizational structure.
- B. All of the above.
- C. The structure of the executive committee.
Answer: C
NEW QUESTION # 39
The "Three Lines of Defense" model is one of the well-known tools for understanding and implementing risk management, and the first line of defense includes:
- A. Risk management
- B. Internal audit
- C. Internal control procedures
Answer: C
NEW QUESTION # 40
The classification of independent board members includes, and among the symptoms of a lack of independence are:
- A. He has spent more than 9 consecutive or separate years as a member of the company's board of directors.
- B. The percentage of his ownership is 10% or more of the company's shares.
- C. He receives a financial amount as a bonus in addition to the remuneration for his board membership or any of its committees that exceeds 250,000 riyals or 50% of his remuneration in the previous year.
Answer: A
NEW QUESTION # 41
There are several differences between governance and management, and it can be said that:
- A. Executives and managers make their decisions individually.
- B. All of the above.
- C. The board of directors makes its decisions individually.
Answer: B
NEW QUESTION # 42
The specializations and responsibilities of the audit committee can be summarized in:
- A. Financial reports, internal audit, external audit, and compliance.
- B. Internal audit and external audit.
- C. Submitting to the board issues that the committee deems necessary to take action on, supported by its recommendations and the procedures that the board must take.
Answer: A
NEW QUESTION # 43
When comparing the COSO framework for risk management with the ISO 31000 international standard for risk management, in terms of the use of terminology, we find that:
- A. The ISO 31000 international standard for risk management refers to the concept of "risk tolerance" as well as "risk criteria."
- B. The ISO 31000 international standard for risk management discusses many common concepts and terms for risk management.
- C. The COSO framework discusses some concepts and terms derived from "risk acceptance level."
Answer: B
NEW QUESTION # 44
Among the duties of the board of directors in family companies are:
- A. Ensuring the efficiency of internal control and risk management.
- B. All of the above.
- C. Monitoring the performance of the management and ensuring the availability of financial resources.
Answer: A
NEW QUESTION # 45
......
ICCGO EXAM DUMPS WITH GUARANTEED SUCCESS: https://certificationsdesk.examslabs.com/AGRC/Corporate-Governance-Officer/best-ICCGO-exam-dumps.html