While of the Following Is FALSE About the Board of Directors

question 33

Multiple Choice

While of the following is FALSE about the board of directors (BOD) of a firm:

• A) are unbiased individuals that help with high-end decisions within the firm.
• B) represent the owners of the corporation.
• C) make frequent operating decisions.
• D) are elected by the shareholders.

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Definitions:

More Regular

The state of being more consistent or uniform in pattern, frequency, or occurrence.

Straight Lines

The shortest distance between two points; a line without curves.

Mental Move

A cognitive step or action taken mentally, often as part of problem-solving or decision-making processes.

Clockwise

Moving in the direction of the hands of a clock; typically rightward from the top.