Red Sea

1

1 point

The principles of Governance include:

Transparency, accountability, fairness, and responsibility.

Transparency, honesty, fairness, and responsibility.

Transparency, accountability, fairness, and availability.

Transparency, accountability, fairness, and integrity.

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

2

1 point

The Governance Department is solely responsible for providing core secretariat operations for the Board and its Committees:

True

False

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

3

1 point

The Risk Department contains functions that look at the management of:

Corporate Risk, Project Risk, Operations Risks, Business Continuity and Crisis Management.

Corporate Risk, Project Risk and Operations Risks

Risk and Resilience

Risk and Compliance

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

4

1 point

Top strategic risks are reported to the Audit Committee and the Board of Directors.

True

False

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

5

1 point

Resilience is about responding to and recovering from disasters and disruptive events in the project site only:

True

False

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

6

1 point

The Compliance Department is mainly responsible for:

Developing and implementing a group-wide compliance management program and a risk-based annual compliance monitoring plan

Identifying current, new, and emerging compliance obligations (both regulatory and non-regulatory)

Producing reports such as the Annual Board, Audit Committee and Sustainability reports

All of the above

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

7

1 point

Compliance means adherence and fulfillment of all appliable laws, regulations, approved authorities, policies, procedures and standards.

Agree

Unsure

Disagree

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

8

1 point

Compliance is the responsibility of:

All the Departments

Internal Audit Department only

Compliance Department only

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

9

1 point

The three lines model consists of:

1st Internal Audit Department – 2nd Other Departments – 3rd Compliance Department

1st Other Department – 2nd Compliance Department – 3rd Internal Audit Department

1st Compliance Department – 2nd Internal Audit Department – 3rd Other Departments

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

10

1 point

Do you understand the consequences of not disclosing a conflict of interest or accepting gifts from vendors?

Yes

No

Incorrect, Please choose the correct answer next time!

Correct, Good Job!

Weekly challenge 3

Congratulations! You Passed!

The principles of Governance include:

The Governance Department is solely responsible for providing core secretariat operations for the Board and its Committees:

The Risk Department contains functions that look at the management of:

Top strategic risks are reported to the Audit Committee and the Board of Directors.

Resilience is about responding to and recovering from disasters and disruptive events in the project site only:

The Compliance Department is mainly responsible for:

Compliance means adherence and fulfillment of all appliable laws, regulations, approved authorities, policies, procedures and standards.

Compliance is the responsibility of:

The three lines model consists of:

Do you understand the consequences of not disclosing a conflict of interest or accepting gifts from vendors?