Which of the following would not usually be included in the minutes of the board of directors?
A) Approval of executive bonuses.
B) The duties and powers of the corporate officers.
C) Declaration of dividends.
D) Authorization of long- term loans.

Question

Quizplus · Accepted Answer

The duties and powers of the corporate officers are typically outlined in the corporation's bylaws or governance documents, not in the minutes of the board of directors. The minutes usually record decisions made and actions taken during the meeting, such as approval of executive bonuses, declaration of dividends, and authorization of long-term loans.

Which of the Following Would Not Usually Be Included in the Minutes