Which of the Following Is True About Managers of a Manager-Managed

question 30

Multiple Choice

Which of the following is true about managers of a manager-managed LLC?

• A) All manager decisions must be approved by a majority vote of the members of the LLC.
• B) Decisions must be made by unanimous consent of the managers.
• C) The managers have the power to amend the operating agreement.
• D) Admitting new members can be done by the managers.
• E) Each manager has an equal right in the management of the company's business.

---

Definitions:

EDD

Stands for Earliest Due Date, a rule used in production and operations management to prioritize jobs, tasks, or items that have the earliest due dates first.

SPT

Shortest Processing Time, a rule used in job sequencing to decrease the total amount of time required to complete a set of jobs by processing the shortest job first.

LPT

Longest Processing Time; a rule used in job scheduling that sequences jobs in decreasing order of their processing times.

Due Date

The specific date by which something is supposed to be completed or paid.