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Free Practice Questions for the AGRC Corporate Governance Officer ICCGO Exam (2026 Updated)

At Marks4sure, we are dedicated to providing IT professionals with the most accurate and reliable preparation materials for the AGRC ICCGO exam. To support your certification journey, we have made a selection of our premium 2026 Corporate Governance Officer practice questions and answers available completely free. You can take this practice test as many times as you need. Every question includes a detailed, expertly verified explanation to ensure you fully grasp the core security concepts before test day.

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Questions 4

The commitment to disclose "material developments" to the Capital Market Authority, relevant parties, and the public without any delay includes, for example:

Options:

A.

Any losses equal to or exceeding 5% of the company's net assets.

B.

Any losses equal to or exceeding 10% of the company's net assets.

C.

Any losses less than 10% of the company's net assets.

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Questions 5

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:

Options:

A.

Financial oversight.

B.

Governance and compliance.

C.

All of the above.

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Questions 6

The concept of "Board Secretary" is:

Options:

A.

The person concerned with documenting the meetings of the Board of Directors.

B.

The person responsible for keeping the documents of the Board of Directors.

C.

Something else.

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Questions 7

Among the responsibilities of the board of directors is to ensure the application of:

Options:

A.

Control systems that cover all activities.

B.

Appropriate control systems for measuring and managing risks.

C.

Traditional internal control systems.

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Questions 8

The final internal audit report is submitted to:

Options:

A.

The audit committee and then to the CEO.

B.

The risk committee and then to the audit committee.

C.

The CEO and then to the audit committee.

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Questions 9

In the context of conflicts of interest, members of the board of directors are prohibited from:

Options:

A.

Trading company shares based on insider information.

B.

Trading shares during the prohibited periods specified by the Capital Market Authority.

C.

All of the above.

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Questions 10

"Work ethics" fall under the main risks of:

Options:

A.

Commitment

B.

Organizational

C.

Strategic

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Questions 11

Trust, integrity, objectivity in the company's management procedures, and proper disclosure in a timely manner are among the most important principles of governance, which are called:

Options:

A.

The Principle of Justice

B.

The Principle of Transparency

C.

The Principle of Independence

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Questions 12

The difference between the COSO framework for enterprise risk management and the ISO 31000 international standard for risk management, in terms of the "risk management process" is that:

Options:

A.

The COSO framework focuses more on setting conceptual frameworks for risk management.

B.

The ISO 31000 methodology for risk management is a non-traditional process.

C.

The COSO framework focuses heavily on the practical steps of the risk management process.

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Questions 13

When forming the board of directors, it must be:

Options:

A.

The majority of the members are non-executive and the number of independent members is no less than three or one-third of the total members of the board, whichever is greater.

B.

The majority of the members are non-executive and the number of independent members is no less than 2 or one-third of the total members of the board, whichever is less.

C.

The majority of the members are non-executive and the number of independent members is no less than 2 or one-third of the total members of the board, whichever is greater.

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Questions 14

Among the most important factors affecting corporate governance are:

Options:

A.

The efficiency of banks and the capital market.

B.

The efficiency of regulatory bodies and agencies.

C.

All of the above.

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Questions 15

Among the most important schools that have worked on developing governance principles around the world and have highlighted the importance of including at least three non-executive members in the board of directors are:

Options:

A.

King IV Report Principles for Governance

B.

OECD Principles of Corporate Governance

C.

Cadbury Rules Recommendations

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Exam Code: ICCGO
Exam Name: International Certified Corporate Governance Officer
Last Update: Jul 14, 2026
Questions: 50

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