The Board of Directors Is Responsible for All of the Following

Multiple Choice

The board of directors is responsible for all of the following EXCEPT:

A) declaring and paying a corporate dividend to shareholders.
B) authorizing major new decisions such as a new plant or factory or entry into a new foreign market.
C) determining employee compensation,especially bonus and incentive plans.
D) appointing and removing corporate officers.
E) electing new directors to replace directors who resign.