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Basic Question 0 of 13
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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe the financial reporting treatment and analysis of non-recurring items (including discontinued operations, unusual or infrequent items) and changes in accounting policies
CFA® 2025 Level I Curriculum, Volume 2, Module 2.