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Basic Question 1 of 8
A management board typically exists in a ______ board structure.
B. two-tier
C. three-tier
A. one-tier
B. two-tier
C. three-tier
User Contributed Comments 3
| User | Comment |
|---|---|
| nemanjad88 | There is nothing about this in AN Study Notes... |
| khalifa92 | well it is in the quizz sammury to remind us to check it up. |
| khalifa92 | one-tier structure consists of a single board of directors, composed of executive and non-executive directors, commonly used in United States and United Kingdom. two-tier stracture consists of two seperate boards: 1- Supervisory board (non-exectutive), which oversees the 2- Management board (executive). |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe global variations in ownership structures and the possible effects of these variations on corporate governance policies and practices;
CFA® 2025 Level II Curriculum, Volume 3, Module 17.