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AGRC International Certified Corporate Governance Officer Sample Questions:

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

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

2. The legal quorum for holding the ordinary general assembly is:

A) Second meeting: at least half of the company's capital.
B) Second meeting: at least a quarter of the company's capital.
C) Second meeting: The meeting is valid regardless of the number of subscribers present.

3. The classification of independent board members includes, and among the symptoms of a lack of independence are:

A) 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.
B) He has spent more than 9 consecutive or separate years as a member of the company's board of directors.
C) The percentage of his ownership is 10% or more of the company's shares.

4. The focused voting is considered one of the ways that enable shareholders to obtain their rights and participate in the deliberations and the adoption of important decisions in the general assemblies. The methods of voting to elect board members are:

A) The ordinary and cumulative voting method.
B) The individual and collective voting method.
C) The ordinary and collective voting method.

5. 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.

Solutions: