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

Which of the following would comply with best practice in accordance with the UK Corporate Governance Code in relation to Board conduct?
C) The 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
A) The 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
B) The 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
D) The 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

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

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 40
Topic #: 4
[All CIMAPRA17-BA4-1 Questions]

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

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Suggested Answer: C

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

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Martha
10 months ago
D shows good governance with non-executive directors challenging the strategy.
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Lizette
10 months ago
B is a clear conflict of interest with those siblings running the show.
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Royce
11 months ago
Wait, they only meet once a year in C? That seems off.
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Clemencia
11 months ago
I think D is the best choice here, sounds balanced!
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Kate
11 months ago
Option A has too much power in one person, not ideal.
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Tawanna
11 months ago
This question seems straightforward, but I want to make sure I understand the key concern with using off-the-shelf SPC software. I'll need to carefully consider each option.
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Carolynn
11 months ago
Okay, I think I've got this. A framework provides a structured way for a profession to organize its knowledge and guidance. The key is to identify what a framework is NOT supposed to facilitate, which is the answer here.
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Marjory
11 months ago
Hmm, this seems like a tricky one. I'll need to think through the data flow carefully to figure out the best approach.
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Ramonita
11 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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