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The remuneration of nonexecutive directors should be determined by the chair of the board and executive directors marks:1 TRUE FALSE The governance committee is usually

  1. The remuneration of nonexecutive directors should be determined by the chair of the board and executive directors

marks:1

TRUE

FALSE

  1. The governance committee is usually responsible for identifying, evaluating, and nominating a new director to the board.

marks:1

TRUE

FALSE

  1. The advisory board of an NPO typically provides advice, gives counsel, and engages in governing the organization

marks:1

TRUE

FALSE

  1. The oversight function is granted to the board of directors with the fiduciary duty of overseeing management in the best interests of the company and its shareholders

marks:1

TRUE

FALSE

  1. Transparency means that the company is not hiding relevant information, and disclosures are fair, accurate, reliable, and understandable by average stakeholders

marks:1

TRUE

FALSE

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Answer 1 True There need not be any limit prescribed to sitting fees payable to nonexecutive directo... blur-text-image

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