Which of the following groups are the ultimate decision makers in a public corporation?
A)Shareholders
B)Audit committee
C)Management
D)Board of directors

Question

Quizplus · Accepted Answer

The ultimate decision makers in a public corporation are the Board of Directors. While shareholders have some power and influence, they do not have ultimate decision-making authority. The audit committee and management have specific roles and responsibilities, but they do not have the final say in major decisions affecting the corporation.

Which of the Following Groups Are the Ultimate Decision Makers