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AGRC International Certified Corporate Governance Officer Sample Questions:

1. One of the most important schools that worked on developing governance principles around the world, and is considered one of the banking regulatory bodies, is:

A) OECD Organization for Economic Cooperation and Development for Governance
B) Basel Committee
C) Cadbury Rules Committee

2. 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 30 days.
C) First meeting: The period between the invitation and the meeting shall not be less than 21 days.

3. There are several strategies for dealing with risks, such as the "risk implementation strategy," which means:

A) Implementing a risk removal plan through, for example, insurance contracts.
B) Implementing a work plan to confront a significant increase in risks that exceeds the acceptable amount.
C) Taking planned and necessary measures to prevent risks from affecting the organization.

4. The difference between the COSO framework for enterprise risk management and the ISO 31000 international standard for risk management, in terms of the "risk management process" is that:

A) The COSO framework focuses more on setting conceptual frameworks for risk management.
B) The ISO 31000 methodology for risk management is a non-traditional process.
C) The COSO framework focuses heavily on the practical steps of the risk management process.

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

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

Solutions: