5 Questions
What is the primary responsibility of the board of directors?
Approving company's strategies, goals and budgets
Who elects the Board of Directors?
The shareholders
What is the role of the shareholders?
To carry out the objectives of the shareholders
Who is responsible for approving the information and other disclosures reported in the financial statements?
The board of directors
What is the highest policy making body in a corporation?
The board of directors
Test your knowledge of corporate governance with this quiz! Learn about the roles and responsibilities of shareholders and the board of directors in a corporation. Explore how the board of directors is elected and its role in policy-making. Challenge yourself with questions on shareholder voting rights and the objectives of the board of directors.
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