CIMA Exam CIMAPRA17-BA4-1 Topic 4 Question 40 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 40
Topic #: 4

Which of the following would comply with best practice in accordance with the UK Corporate Governance Code in relation to Board conduct?

AThe Board of SSS a public company limited by shares, consists of four executive directors and five non-executive directors. The Board is headed by Mr I who is both CEO and Chairman The non-executive directors do challenge the strategic direction of the company and their opinions are considered and acted upon

BThe Board of TSD, a public company limited by shares, consists of four executive directors and three non-executive directors. The Chairman, Mr C is the brother of the CEO Miss K The board meets ten times a year The board meetings are dominated by the siblings but the final decision is generally taken by the CEO

CThe Board of END, a public company limited by shares, consists of four executive and five non-executive directors. The Board is headed by its Chairman, Miss A and the CEO is Miss B. The board has developed clear divisions of responsibility and consequently only meets in full once a year to approve the financial statements

DThe Board of DDE, a public company limited by shares, consists of four executive and five non-executive directors The Board is headed by its Chairman Mr A and the CEO is Mr H. The board meets ten times a year. The non-executive directors do challenge the strategic direction of the company and their opinions are considered and acted upon

Show Suggested Answer

Suggested Answer: C

by Kallie at May 06, 2022, 05:32 AM

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