Accounting Multiple Choice Question – 1 June 2025

The UK Corporate Governance Code requires that the percentage of the board of directors of a listed company (excluding the chairman) who should be independent non-executive directors is?

Select ONE answer:

1. 1.Between 10% and 24 %
2. 2.Between 25% and 39 %
3. 3.Between 40% and 49 %
4. 4.50 % or over

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 4

1. Not correct
2. Not correct
3. Not correct
4. Correct == > One of the provisions supporting main principle B1 (effectiveness: the composition of the board) is that at least 50% of the board, excluding the chairman, should be independent non-executive directors.

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