The ASX Corporate Governance Council's Principle 2 'Structure the Board

question 35

Multiple Choice

The ASX Corporate Governance Council's Principle 2 'Structure the board to add value' includes which of the following recommendations?

• A) The chair should be an independent director
• B) The board should establish a nomination committee
• C) a and b
• D) None of the above

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Definitions:

Representative Sample

A subset of a population that accurately reflects the members of the entire population.

Young Adults

Individuals in their late teens to early thirties, often considered to be in a transitional phase from adolescence to adulthood, facing unique developmental tasks and challenges.

Sample

A subset of individuals or items selected from a larger population for the purpose of statistical analysis.

Inferential Statistics

A branch of statistics that allows us to make predictions or inferences about a population based on a sample of data.