Ethical Decision-Making and Risk Management Quiz

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Questions and Answers

What should the board or appropriate board committee establish policies on?

  • Risk oversight and management (correct)
  • Remuneration policies
  • IFRS compliance
  • Communication strategies

Which disclosure is required to enable investors to understand the company's remuneration policies?

  • Listing Rule disclosure requirements
  • Information on IFRS compliance
  • Structure of non-executive director's remuneration (correct)
  • Details of the board evaluation process

What should the board establish to promote effective communication with shareholders?

  • Communications strategy (correct)
  • IFRS compliance procedures
  • Remuneration committee guidelines
  • Risk oversight policies

What should the chief executive and chief financial officer state in writing to the board?

<p>Ethical practices reporting procedures (A)</p> Signup and view all the answers

Which policy concerns trading in company securities by directors, officers, and employees?

<p>Policy on unethical practices reporting (A)</p> Signup and view all the answers

What should the board disclose in relation to remuneration policies?

<p>Structure of non-executive director’s remuneration (B)</p> Signup and view all the answers

What is one of the responsibilities of the chief executive (or equivalent) according to the text?

<p>Reporting unethical practices to the board (C)</p> Signup and view all the answers

Why is it important for the board to establish written policies and procedures according to the text?

<p>To ensure compliance with IFRS (C)</p> Signup and view all the answers

Which committee should the board establish according to the text?

<p>Remuneration Oversight Committee (A)</p> Signup and view all the answers

What should be disclosed to enable investors to understand the company's remuneration policies?

<p>Clear distinction between executive and non-executive director's remuneration structure (A)</p> Signup and view all the answers

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