AFP
CTP · Question #120
(Topic 2) Under the standards of corporate governance adopted in 2002, an independent director must:
The correct answer is C. have no material relationship with the organization. See the full explanation below for the reasoning.
Question
- (Topic 2)
Under the standards of corporate governance adopted in 2002, an independent director must:
Options
- Ameet with management in regular executive sessions.
- Bhave been with the organization for at least five years.
- Chave no material relationship with the organization.
- Dbe one of three directors on the nominating committee.
How the community answered
(50 responses)- A8% (4)
- B14% (7)
- C74% (37)
- D4% (2)
Community Discussion
No community discussion yet for this question.