Accounting · Corporate Governance
Which of the following are typical requirements contained within best practice corporate governance guidelines? (1) The remuneration committee should only consist of independent non-executive directors. (2) The chief executive officer should be responsible for leadership of the board and ensuring its effectiveness. (3) The non-executive directors should provide constructive challenge and strategic guidance. (4) The audit committee's key role is appointing and liaising with the external auditor.
- 12, 3 and 4
- 21, 3 and 4
- 32 and 4 only
- 41 and 3 only✓
Correct answer
1 and 3 only
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