A Board of Directors Is Elected as a Representative of the Corporation's

question 46

Multiple Choice

A board of directors is elected as a representative of the corporation's:

• A) top management.
• B) stakeholders.
• C) shareholders.
• D) customers.

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Definitions:

Income Statement

A financial statement that shows the company's revenues and expenses over a specific period, leading to its net income or loss.

Net Profit Margin Percentage

A financial metric indicating the percentage of revenue that remains as net income after all expenses are deducted.

Income Statement

A financial document that shows a company's income, expenses, and net profit over a specified period.

Dividend Payout Ratio

The percentage of earnings paid to shareholders in dividends, indicating how much money a company returns to shareholders versus reinvesting in itself.