ExpertEasy1 markMultiple Choice
Organisational structure, culture, governance and sustainabilitySection ASyllabus BCorporate Governance
ACCA · Question 36 · Organisational structure, culture, governance and sustainability
Which board committee is primarily responsible for setting the pay and bonuses of the executive directors?
Which board committee is primarily responsible for setting the pay and bonuses of the executive directors?
Answer options:
A.
Audit Committee
B.
Nomination Committee
C.
Remuneration Committee
How to approach this question
Match the function (pay/bonuses) to the committee name. 'Remuneration' means payment for work.
Full Answer
C.Remuneration Committee✓ Correct
The Remuneration Committee (composed entirely or mainly of independent NEDs) determines the framework and policy for the remuneration of the company's chief executive, chairman, and executive directors.
Common mistakes
Selecting Nomination Committee, which is for hiring, not paying.
Practice the full ACCA BT — Business & Technology Practice Exam 6
52 questions · hints · full answers · grading
More questions from this exam
Q01AeroFarms, a vertical farming startup, is planning to build a massive indoor facility in an urban...MediumQ02AstroMine Inc. is a commercial space exploration company preparing to extract rare earth metals f...MediumQ03SynthoMeat Ltd produces lab-grown synthetic beef. Recently, the price of traditional farmed beef ...HardQ04StreamForge is a new esports broadcasting platform. The industry is currently dominated by two ma...MediumQ05A national economy is currently experiencing a prolonged period of 'stagflation'. How is this mac...Medium