What are some of the areas where the board determines corporation policy?
A) Selecting and removing officers
B) Setting management compensation
C) Initiating fundamental changes and declaring dividends
D) All of these.

Question

Quizplus · Accepted Answer

The board of directors is responsible for making major decisions and setting policies for the corporation. This includes selecting and removing officers, setting management compensation, and initiating fundamental changes such as mergers or divestitures. They are also responsible for declaring dividends and making other important financial decisions. Therefore, all of the areas mentioned in the options are where the board determines corporation policy.

What Are Some of the Areas Where the Board Determines