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ACNC Governance Standards Quiz

Question 1

Which of the following best describes the purpose of the ACNC Governance Standards? To ensure that charities:

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Question 2

What type of charities are exempt from the Governance Standards?

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Question 3

What does Governance Standard 1 require charities to demonstrate?

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Question 4

What does it mean to be a ‘not-for-profit’?

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Question 5

A charity can demonstrate that they can provide information to the public about their charitable purpose in line with Governance Standard 1 by:

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Question 6

What does Governance Standard 2 require charities to do?

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Question 7

A registered charity with members holds its annual general meeting (AGM). During the AGM, a member raises concerns about the charity’s financial management. What steps should the charity take to address this?

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Question 8

To meet Governance Standard 3, charities need to:

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Question 9

What type of matters may prompt the ACNC to investigate?

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Question 10

Who are considered Responsible People under Governance Standard 4?

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Question 11

How can a charity confirm if their Responsible People are eligible?

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Question 12

Under Governance Standard 5, Responsible People have a duty to:

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Question 13

Which scenario demonstrates reasonable financial governance?

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Question 14

A charity’s Responsible Person also owns an accounting firm that the charity is thinking about engaging to manage its accounts. Which of the following actions demonstrates compliance with the duty to disclose and manage conflicts of interest?

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Question 15

What is the focus of Governance Standard 6?

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