
Easily To Pass New ICCGO Verified & Correct Answers [Apr 25, 2026
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AGRC ICCGO Exam Syllabus Topics:
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NEW QUESTION # 15
The "governance model" means:
- A. The laws, decisions, and charters that guide the work of the board of directors.
- B. The rules, procedures, and systems that guide the board of directors in performing its duties.
- C. All of the above.
Answer: A
NEW QUESTION # 16
It is permissible to re-elect the same members of the board of directors at the end of the current board's term, unless:
- A. This contradicts the opinion of the audit committee.
- B. This contradicts the company's basic regulations.
- C. This contradicts the opinion of the governance committees.
Answer: B
NEW QUESTION # 17
The focused voting is considered one of the ways that enable shareholders to obtain their rights and participate in the deliberations and the adoption of important decisions in the general assemblies. The methods of voting to elect board members are:
- A. The ordinary and collective voting method.
- B. The individual and collective voting method.
- C. The ordinary and cumulative voting method.
Answer: A
NEW QUESTION # 18
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:
- A. The Principle of Independence
- B. The Principle of Justice
- C. The Principle of Transparency
Answer: C
NEW QUESTION # 19
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 control procedures
- B. Risk management
- C. Internal audit
Answer: A
NEW QUESTION # 20
The final internal audit report is submitted to:
- A. The CEO and then to the audit committee.
- B. The risk committee and then to the audit committee.
- C. The audit committee and then to the CEO.
Answer: C
NEW QUESTION # 21
Among the most important factors affecting corporate governance are:
- A. The efficiency of banks and the capital market.
- B. The efficiency of regulatory bodies and agencies.
- C. All of the above.
Answer: C
NEW QUESTION # 22
Among the duties of the board of directors in family companies are:
- A. Ensuring the efficiency of internal control and risk management.
- B. Monitoring the performance of the management and ensuring the availability of financial resources.
- C. All of the above.
Answer: A
NEW QUESTION # 23
There are several strategies for dealing with risks, such as the "risk implementation strategy," which means:
- A. Taking planned and necessary measures to prevent risks from affecting the organization.
- B. Implementing a risk removal plan through, for example, insurance contracts.
- C. Implementing a work plan to confront a significant increase in risks that exceeds the acceptable amount.
Answer: C
NEW QUESTION # 24
The required quorum for the validity of the decisions of the Extraordinary General Assembly in the case of increasing capital:
- A. Decisions are issued by a majority of one-half of the shares represented at the meeting.
- B. Decisions are issued by a majority of two-thirds of the shares represented at the meeting.
- C. Decisions are issued by a majority of three-quarters of the shares represented at the meeting.
Answer: C
NEW QUESTION # 25
Among the factors that led to the Credit Suisse crisis:
- A. Leaders staying without change for long periods.
- B. Continuous change at the leadership level.
- C. All of the above.
Answer: B
NEW QUESTION # 26
The method of holding the ordinary General Assembly and the duration of the invitation is:
- A. The second meeting: within sixty days from the date of the previous meeting.
- B. The second meeting: within thirty days from the date of the previous meeting.
- C. The second meeting: within twenty days from the date of the previous meeting.
Answer: B
NEW QUESTION # 27
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.
Answer: B
NEW QUESTION # 28
The guiding charter for family companies includes:
- A. Establishing a balance between the interests of family members and the interests of the company.
- B. Strengthening the cohesion of family members.
- C. All of the above.
Answer: C
NEW QUESTION # 29
The legal quorum for holding the ordinary general assembly is:
- A. Second meeting: at least half of the company's capital.
- B. Second meeting: at least a quarter of the company's capital.
- C. Second meeting: The meeting is valid regardless of the number of subscribers present.
Answer: C
NEW QUESTION # 30
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 has spent more than 9 consecutive or separate years as a member of the company's board of directors.
- C. 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.
Answer: B
NEW QUESTION # 31
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.
- A. The Remuneration Committee
- B. The Nominations Committee
- C. The Review Committee
Answer: A
NEW QUESTION # 32
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