Select the one term that best fits each definition
-A group of persons elected by the stockholders to govern a corporation.
A) board of directors
B) credit memorandum
C) debit memorandum
D) declaring a dividend
E) dividends
F) general journal
G) purchases allowance
H) purchases return
I) retained earnings
J) sales allowance
K) sales return

Question

Quizplus · Accepted Answer

The board of directors is elected by the stockholders of a corporation to oversee and make decisions on its governance and strategic direction.

Select the One Term That Best Fits Each Definition