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Questions and Answers
What is the primary responsibility of a Company Secretary?
What is the primary responsibility of a Company Secretary?
- Managing the company's financial investments
- Ensuring compliance with corporate governance and other regulatory requirements (correct)
- Leading marketing and sales strategies
- Overseeing employee training programs
What is the significance of the Company Secretary's role in board meetings?
What is the significance of the Company Secretary's role in board meetings?
- Preparing financial reports for the board meetings
- Negotiating contracts on behalf of the company during board meetings
- Advising the board on governance matters and ensuring compliance with meeting procedures (correct)
- Acting as the chairperson of the board meetings
In which type of company is the role of Company Secretary mandatory?
In which type of company is the role of Company Secretary mandatory?
- Sole proprietorship
- Partnership firm
- Limited liability company (LLC)
- Public limited company (correct)
True or false: The role of a Company Secretary is not mandatory in all types of companies.
True or false: The role of a Company Secretary is not mandatory in all types of companies.
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True or false: A Company Secretary is responsible for ensuring compliance with legal and regulatory requirements.
True or false: A Company Secretary is responsible for ensuring compliance with legal and regulatory requirements.
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True or false: Company Secretaries are primarily responsible for marketing and sales activities within the company.
True or false: Company Secretaries are primarily responsible for marketing and sales activities within the company.
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