Which of the following would be outside of the general authority of directors with respect to their management of a corporate entity?
A) the delegation of approval of financial statements
B) the appointment of executive managerial officers
C) the drafting of corporate bylaws
D) the preparation of corporate records

Question

Quizplus · Accepted Answer

Directors have the authority to approve financial statements themselves, and such authority cannot be delegated to others.

Answer: None 
 All of the choices fall within the general authority of directors with respect to their management of a corporate entity.

Which of the Following Would Be Outside of the General