Board of Director

What is the correct 5 board subcommittee

• Ethics, Accounting, Nomination, Risk, Coordination

• Audit, Remuneration,Nomination, Risk, Ethics

• Remuneration, Finance, Ethics, Accounting, Nomination

• Audit, Remuneration, Risk, Ethics, Finance

Majority of non-executive directors on it be chaired either by the chairman or a non-executive director

• True

• False

Board of directors responsibilities are unlikely to include

• a duty to keep proper accounting records

• a fiduciary duty

• a duty to propose high dividends for shareholders

• a duty of care

The board of directors must ensure that the company's corporate governance policies incorporate...

• the corporate strategy 

• risk management

• All of the above

• ethical business practices

The powers of BOD

• Approve the financial statement

• Involves in a daily company operation

• Protect the country from enemies

• Choose the shareholders

Who can be a Chairman

• Clerk

• Chief Executive Officer

• Shareholders

• Politician

Non-executive directors have a prime role in appointing and removing executive directors?

• True

• False

Which of the following is not situations where a non-executive director’s independence could be called into question.

• Where the director was a former employee of the company or group within the last five years

• Where additional remuneration (apart from the director’s fee) was received from the company

• He/she had not served on the board for more than nine years

• Where the director had close family ties with the company’s other directors or senior employees, or with any of the company’s advisors

Which of the following is not the responsibilities of a risk committee?

• Provide timely input to management on critical risk issues

• Oversee the internal controls of the company

• Promote a healthy risk culture

• Oversee the conduct, and review the results, of company-wide risk assessments

The main role of an ethics committee is to set and oversee the rules for a company's conduct.

• True

• False