Which of the following statements refer to the remuneration committee?

CIMA BA4 Question Answer

Which of the following statements refer to the remuneration committee? Select ALL that apply.

Staffed exclusively by NEDs.

Makes decisions regarding the payment of directors.

Has a responsibility to attract, retain and motivate directors.

Makes decisions regarding the appointment of new directors.

Has a responsibility to monitor and review the effectiveness of the internal audit function.

Makes decisions regarding the appointment, re-appointment and removal of the external auditor.

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