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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
evaluate the effectiveness of a company's corporate governance policies and practices;
CFA® 2026 Level II Curriculum, Volume 3, Module 17.