AGRC ICCGO Exam (page: 1)
AGRC International Certified Corporate Governance Officer
Updated on: 24-Mar-2026

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The board of directors' reality on the ground shows that a large number of countries around the world have established rules and regulations for this committee.

  1. The Remuneration Committee
  2. The Review Committee
  3. The Nominations Committee

Answer(s): A



A member of the audit committee is not allowed to hold membership in more than one audit committee in:

  1. more than 3 listed companies in the market at the same time.
  2. more than 4 listed companies in the market at the same time.
  3. more than 5 listed companies in the market at the same time.

Answer(s): A



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

  1. The member owning 3% or more of the company's shares.
  2. The member owning 5% or more of the company's shares.
  3. The member owning 10% or more of the company's shares.

Answer(s): C



Trust, integrity, objectivity in the company's management procedures, and proper disclosure in a timely manner are among the most important principles of governance, which are called:

  1. The Principle of Justice
  2. The Principle of Transparency
  3. The Principle of Independence

Answer(s): B



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

  1. ranging from 7 to 9 members
  2. ranging from 3 to 7 members
  3. ranging from 5 to 9 members

Answer(s): A



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

  1. King IV Report Principles for Governance
  2. OECD Organization for Economic Cooperation and Development for Governance
  3. Basel Committee

Answer(s): B



The guiding charter for family companies includes:

  1. Establishing a balance between the interests of family members and the interests of the company.
  2. Strengthening the cohesion of family members.
  3. All of the above.

Answer(s): C



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:

  1. Internal control procedures
  2. Risk management
  3. Internal audit

Answer(s): A



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