Which of the Following Persons or Groups Have the Ultimate

question 49

Multiple Choice

Which of the following persons or groups have the ultimate control of a corporation?

• A) the chief executive officer
• B) the board of directors
• C) the audit committee
• D) the shareholders

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Definitions:

Net Investment

Gross investment minus depreciation.

Gross Private Domestic Investment

The aggregate amount of investment in physical assets, such as buildings and machinery, by the private sector within a country.

Military Goods

Products and services specifically designed, manufactured, and supplied for use by armed forces.

Intermediate Products

These are goods that are used as inputs in the production of other goods and services, not intended for final consumption.