Free Practice Questions for AGRC ICCGO Exam

Question 1

The concept of "Board Secretary" is:

AThe person concerned with documenting the meetings of the Board of Directors.

BThe person responsible for keeping the documents of the Board of Directors.

CSomething else.

Correct Answer: B. The person responsible for keeping the documents of the Board of Directors.

Question 2

There are many company obligations when receiving reports of violations, such as:

APreserving all evidence.

BPreserving all reports.

CNone of the above.

Correct Answer: B. Preserving all reports.

Question 3

When forming the board of directors, it must be:

AThe 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.

BThe 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.

CThe 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.

Correct Answer: 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.

Question 4

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:

AInternal control procedures.

BRisk management.

CQuality.

Correct Answer: B. Risk management.

Question 5

One of the most important recommendations for developing governance principles around the world, specifically "communication regarding risks," is:

AKing IV Report Principles for Governance

BOECD Organization for Economic Cooperation and Development for Governance

CBasel Committee

Correct Answer: B. OECD Organization for Economic Cooperation and Development for Governance

Question 6

The "governance model" means:

AThe rules, procedures, and systems that guide the board of directors in performing its duties.

BThe laws, decisions, and charters that guide the work of the board of directors.

CAll of the above.

Correct Answer: B. The laws, decisions, and charters that guide the work of the board of directors.