- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 3. Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Subject 2. Corporate Governance Mechanisms
CFA Practice Question
Business transacted at an extraordinary general meeting normally includes ______.
II. dealing with the remuneration of auditors
III. the sale of significant corporate assets
IV. looking at the dividend recommended by the directors and approving it
I. the appointing or re-appointing of directors
II. dealing with the remuneration of auditors
III. the sale of significant corporate assets
IV. looking at the dividend recommended by the directors and approving it
Correct Answer: III
An extraordinary general meeting (EGM) is a type of company meeting that is convened by the directors of a company in order to deal with any special business that is so important that it cannot wait until the next annual general meeting (AGM) to be dealt with. I, II, and IV are typically included at an annual general meeting.
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