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41) You have met various suppliers and buyers of your borrower (a manufacturer of household consumer products), as part of your 'trade checks'. Amongst the

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41) You have met various suppliers and buyers of your borrower (a manufacturer of household consumer products), as part of your 'trade checks'. Amongst the various categories listed below, whose feedback would you not wish to solely rely upon? Group companies of the borrower, who are intermediary buyers of the borrower's product The top 3 supermarket chains in the region O A handful of midsized suppliers of raw materials to the borrower Research bureaux tracking product and category sales for consumer products Single choice 42) The Board of Directors are still on their annual away day. They are discussing Corporate Governance. One NED explains the most severe penalties for failing to implement corporate governance are fines, imprisonment of Directors and ultimately the loss of reputation and the dissolution or bankruptcy of the organization. They are asked by another Board Member which violations are seen as gross and willful negligence which lead to fines of up to 5 million Saudi Riyals and imprisonment up to 5 years. Which of the following have they got wrong? Provision of false or misleading data in respect of the financial statements Failure to publish financial statements Misuse of authority, votes or company funds Failure to call a shareholder meeting when losses reach 501% of its capital Single choice 43) Which of the following statements about family businesses in the KSA economy do you agree with? When we talk about family businesses we really mean small businesses Governance does not apply to family businesses An estimated 60% to 70% of KSA businesses are either family-owned or controlled. This business model is the backbone of economic development. Transparency does not apply to family businesses

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