Which of the following is least likely to be delegated to the board-level governance committee?
A. Nominate a slate of qualified board members
B. Govern enterprise risk management
C. Establish succession planning for officers.
D. Conduct audits independently.

Kindly be reminded that the suggested answer is for your reference only. It doesn’t matter whether you have the right or wrong answer. What really matters is your reasoning process and justifications.

My suggested answer is D. Conduct audits independently.

Committee Charter

Various committees can be created under the board of directors. A committee charter should define its mission, authority, roles and responsibilities, and composition, etc. A committee can be created to do whatever the charter authorizes.

For example, a governance committee may be authorized to nominate a slate of qualified board members, govern enterprise risk management, or establish succession planning for officers. However, some boards may create a nomination committee to nominate director candidates, a risk management committee to manage risk, a strategy development committee to formulate strategies, and so forth.

Audit Committee

Not all boards have a governance committee, but almost all boards set up an audit committee to comply with legal and regulatory requirements. An audit committee typically oversees the performance of the organization’s independent auditor (e.g., CPA) and internal audit function, instead of conducting audits by itself.

My book, The Effective CISSP: Security and Risk Management, has more details.

Reference

• Governance Committee’s Role in Corporate Governance
• What Is A Governance Committee?
• What Does a Nonprofit Governance Committee Do?
• Board Governance Committee (or Board Development Committee)
• What Is a Board Committee Charter?
• How to Write a Charter for a Committee
• Sample audit committee charter (Deloitte)
• Model audit committee charter

以下哪項最不可能委派給董事會治理委員會？
A. 提名合格的董事會成員
B. 治理企業風險管理
C. 建立高階主管繼任計劃。
D. 實施獨立的稽核。