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Basic Question 11 of 13
Which of the following most likely would be a reason for concern when evaluating an independent board member's qualifications? The board member ______
B. owns 2,000 shares of the corporation's equity.
C. has formerly served on the boards of several successful companies.
A. has served on the board for 15 years.
B. owns 2,000 shares of the corporation's equity.
C. has formerly served on the boards of several successful companies.
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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
evaluate the effectiveness of a company's corporate governance policies and practices;
CFA® 2025 Level II Curriculum, Volume 3, Module 17.