11) The Board of a company are considering the governance section in their annual accounts. They want to make the section more interesting and of use to potential investors. They start coming up with ideas. Which of the following do you think are valid suggestions? a) add descriptions of the business model and the strategy, with key performance indicators (KPIs) and performance against targets b) demonstrate the links between strategy, pay, performance and risk C) give an insight into company culture d) talk about the link between governance and shareholder value creation e) explain any departures from governance O c) d) e) O b) c) e) a) b) c) d) O a) b) c) d) e) Single choice 12) Which of the following is not impacted by the lender's structuring and sizing of a facility? The Loss Given Default The Severity of Loss The Probability of Default The Exposure at Default Single choice 13) Which of the following statements is not correct with respect to general policies on funding projects in KSA? It is mandatory for lenders to take guarantees from shareholders of a project for the life of a project Lenders may take pro-rata guarantees from the shareholders of the project, to be held until satisfactory completion and operation of the project Lenders will generally secure adequate financial guarantees from the owners of the projects it funds Lenders may take joint and several guarantees from one, two or several shareholders of the project