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AGRC International Certified Corporate Governance Officer Sample Questions:

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

A) Risk management.
B) Internal control procedures.
C) Quality.

2. Best practices generally indicate that the optimal number for forming the board of directors in family companies is:

A) ranging from 3 to 7 members
B) ranging from 5 to 9 members
C) ranging from 7 to 9 members

3. There are some obstacles to the independence of board members, such as:

A) The member owning 10% or more of the company's shares.
B) The member owning 3% or more of the company's shares.
C) The member owning 5% or more of the company's shares.

4. There are several differences between governance and management, and it can be said that:

A) All of the above.
B) Executives and managers make their decisions individually.
C) The board of directors makes its decisions individually.

5. 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) Internal audit
B) Internal control procedures
C) Risk management

Solutions: