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    Financial Accounting Study Set 5
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    Exam 1: Uses of Accounting Information and the Financial Statements
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    The Board of Directors of a Corporation Is Responsible for All
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The Board of Directors of a Corporation Is Responsible for All

Question 92

Question 92

Multiple Choice

The board of directors of a corporation is responsible for all of the following except


A) arranging for major bank loans.
B) authorizing contracts.
C) carrying out the daily operations of the business.
D) declaring dividends.

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