【每日一练】ACCA F8(June 2015)
Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet.
Which of the following is NOT a principle of the UK Corporate Governance Code?
A There should be a rigorous and transparent procedure for the appointment of new directors to the board
B The board should use the annual general meeting (AGM) to communicate with investors
C The non-executive chairman should decide on the remuneration of all directors
D All directors should receive induction training on joining the board
Answer:
C is incorrect as the UK Corporate Governance Code states that no director should be involved in setting their own remuneration.
Hence the non-executive chairman cannot set his own remuneration.

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