Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 7 of 28
Both the CEO and a union representative serve as board members. They are categorized as ______.
II. independent board members
III. non-executive board members
IV. independent executive board members
I. executive board members
II. independent board members
III. non-executive board members
IV. independent executive board members
User Contributed Comments 7
| User | Comment |
|---|---|
| Nikita | that makes absolutely no sense! |
| nsmwaura | Nikita? Why? the answer makes perfect sense... the CEO is an executive board member... union representative are not indipendent since they represent some vested interest |
| tonypractice | Each belongs to a separate category so the answer should clearly read: I and III. |
| gill15 | Nikita This answer would make absolutely no sense if the answers were II and IV. Since it's I and III - it's all good. |
| schweitzdm | The answer should have more clarity. It does make sense but I believe the problem might be semantic here. They do not both belong in I and III. CEO goes w/ I, union goes w/ III. |
| idzani | Agree with schweitzdm. The question should have the word "respectively" at the end. I guess that's what Nikita is tryna say haha. |
| ibrahim18 | Exactly. The question is so confusing. i would think only one answer is needed, not two. Question is not clear. |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe corporate governance and mechanisms to manage stakeholder relationships and mitigate associated risks
CFA® 2025 Level I Curriculum, Volume 2, Module 3.