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Which of the Following Is NOT a Responsibility of the Board

Question 20

Multiple Choice

Which of the following is NOT a responsibility of the board of directors?


A) Monitor corporate strategy decisions and ensure that they are consistent with stockholder interests
B) Apply sanctions on management when appropriate
C) Hire, fire, and compensate the CEO
D) Develop targets for divisional managers
E) Make sure the audited fmancial statements present a true picture of the company's financial situation

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