Multiple Choice
Which of the following is NOT a function of the board of directors of a corporation?
A) The board appoints the chief executive officer to manage the company.
B) The board sets the level of compensation for the corporate officers who manage the company.
C) The board usually takes an active role in the daytoday management of the company.
D) The board ensures that the company adheres to major regulatory requirements.
Correct Answer:
Verified
Correct Answer:
Verified
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