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Which of the following is INCORRECT in relation to the UK Corporate Governance Code?
Suggested Answer: A
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26 comments · newest first
AS
Ashleigh
2 months ago
I feel C is the right answer. Clear roles are essential for governance.
CO
Corrina
2 months ago
No, I believe D is the incorrect one. Directors can influence pay indirectly.
LU
Luann
2 months ago
I agree, B seems off. Some companies are exempt.
LU
Luann
2 months ago
I think option B is incorrect. Not all companies have to comply.
FI
Filiberto
2 months ago
I feel option D is also tricky. Some directors might influence their pay indirectly.
FE
Fernanda
3 months ago
Definitely option B. The statement requirement is for larger firms only.
HU
Huey
3 months ago
I agree, but I’m leaning towards option A. Some boards might not follow that rule.
AU
Audry
3 months ago
I think option B is incorrect. Not all companies have to comply.
TR
Truman
3 months ago
I feel C is the right answer. Clear roles are essential for governance.
LI
Linn
3 months ago
Definitely D. Directors should not decide their own pay. It's a conflict of interest.
LA
Laila
3 months ago
I agree, but I’m leaning towards A. Some boards might not follow that rule.
DE
Desire
4 months ago
I think option B is incorrect. Not all companies have to comply.
BE
Becky
4 months ago
D) is definitely true, no self-dealing allowed!
SA
Sarah
4 months ago
I thought some companies could opt out of certain rules?
HA
Hassie
6 months ago
Wait, are all quoted companies really required to follow this?
VE
Verlene
6 months ago
Totally agree, the division of responsibilities is key!
EL
Eleni
6 months ago
A) is correct, boards need non-execs.
LE
Leonor
6 months ago
B) seems off, not sure all companies have to do that.
LA
Lashawna
6 months ago
D) is definitely true, no self-dealing allowed!
PA
Paulina
6 months ago
Wait, are all quoted companies really required to follow that?
EL
Ellsworth
7 months ago
Totally agree, that's a key principle!
PE
Percy
7 months ago
A) is correct, boards should have a majority of non-execs.
GA
Gary
7 months ago
I feel like option C is definitely a requirement, but I can't recall if there's any flexibility in how responsibilities are divided.
AM
Amber
7 months ago
I'm a bit confused about option D; I thought it was standard practice for directors to not decide their own pay, but is it explicitly stated in the Code?
FR
Francisca
7 months ago
I remember practicing a question similar to this, and I think option B is definitely correct since it applies to all quoted companies.
SH
Shelba
7 months ago
I think the one about the board having a majority of non-executive directors is correct, but I'm not entirely sure if it's a requirement for all companies.