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AGRC International Certified Corporate Governance Officer Sample Questions (Q46-Q51):

NEW QUESTION # 46
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 two-thirds of the shares represented at the meeting.
B. Decisions are issued by a majority of one-half 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 # 47
One of the most important recommendations for developing governance principles around the world, specifically "communication regarding risks," is:

A. King IV Report Principles for Governance
B. Basel Committee
C. OECD Organization for Economic Cooperation and Development for Governance

Answer: C

NEW QUESTION # 48
The "Three Lines of Defense" model is one of the important tools for understanding and implementing risk management in companies. The second line in this model includes:

A. Governance and compliance.
B. Financial oversight.
C. All of the above.

Answer: A

NEW QUESTION # 49
The "Agency Theory" emerged:

A. As a result of a set of disputes and problems between those responsible for the management process and the shareholders in companies.
B. As a result of a set of common interests between those responsible for the management process and the shareholders in companies.
C. To solve governance problems.

Answer: A

NEW QUESTION # 50
When comparing the COSO framework for risk management with the ISO 31000 international standard for risk management, in terms of the use of terminology, we find that:

A. The COSO framework discusses some concepts and terms derived from "risk acceptance level."
B. The ISO 31000 international standard for risk management discusses many common concepts and terms for risk management.
C. The ISO 31000 international standard for risk management refers to the concept of "risk tolerance" as well as "risk criteria."

Answer: B

NEW QUESTION # 51
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