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HealthlQ Limited is a large company tha

HealthlQ Limited is a large company tha

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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E9

HealthIQ Limited is a large company that provides medical aid and insurance services. The board of directors meets as and when required, but at least once a year. The members of the board of directors are: Dr Vitamin Dr Omega Mr Iron Mrs Magnesium Prof Antibiotics Chair and independent non-executive director and a medical doctor Chief Executive Officer (CEO), and medical doctor Financial director The Company secretary Registered auditor, the wife of one of the major suppliers of inventory to HealthIQ Limited Which ONE of the following statements is false? Select one: a. Mr Iron may be a member of the risk committee. b. Dr Omega may not be a member of the remuneration committee. c. Dr Omega may be a member of the audit committee. d. The chair of the board, Dr Vitamin, may not be a member of the audit committee, C N M 2
Transcribed Image Text:HealthIQ Limited is a large company that provides medical aid and insurance services. The board of directors meets as and when required, but at least once a year. The members of the board of directors are: Dr Vitamin Dr Omega Mr Iron Mrs Magnesium Prof Antibiotics Chair and independent non-executive director and a medical doctor Chief Executive Officer (CEO), and medical doctor Financial director The Company secretary Registered auditor, the wife of one of the major suppliers of inventory to HealthIQ Limited Which ONE of the following statements is false? Select one: a. Mr Iron may be a member of the risk committee. b. Dr Omega may not be a member of the remuneration committee. c. Dr Omega may be a member of the audit committee. d. The chair of the board, Dr Vitamin, may not be a member of the audit committee, C N M 2
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