Which of the Following Is NOT a Responsibility of the Board

question 33

Multiple Choice

Which of the following is NOT a responsibility of the Board of Directors?

• A) Monitor corporate strategy decisions and ensure that they are consistent with stockholder interests
• B) Apply sanctions on management when appropriate
• C) Hire, fire, and compensate the CEO
• D) Develop targets for divisional managers
• E) Make sure the audited financial statements present a true picture of the company's financial situation

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