CIMAPRA17-BA4-1 Exam - 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

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Suggested Answer: C

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

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5 months ago

Okay, let me see here. The question is asking about the price charged between divisions, so I'm guessing it's either A, B, or C. I'll eliminate the ones that don't sound right and go with my best guess.

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