Accounting Multiple Choice Question – 19 May 2025

The board of directors of Big Staffie plc is currently considering the membership of its remuneration committee.

In this regard, which of the following statements is true?

Select ONE answer:

1. The chairman must be one of the members of the remuneration committee
2. The chairman may be both a member and chair of the remuneration committee
3. The chairman may be a member but cannot chair the remuneration committee
4. The chairman cannot be a member of the remuneration committee

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct == > This is set out in provisions supporting main principle D2 (remuneration: procedure) of the Code.
4. Not correct

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