The Board of Directors

question 19

Multiple Choice

The Board of Directors:

• A) consists exclusively of the officers of the corporation.
• B) is the legal body which is accountable for the governance of the corporation.
• C) are not subject to the external forces of the marketplace.
• D) is appointed by the Securities and Exchange Commission (SEC).

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Definitions:

Certified External Analysts

Professionals who have been officially recognized and certified to analyze and evaluate the performance, systems, or financial health of organizations from outside.

U.S. Department Of Labor

A federal department responsible for occupational safety, wage standards, unemployment insurance benefits, reemployment services, and some economic statistics.

Functions

The primary roles or duties performed by a system, organization, or individual to achieve specific objectives.