Which of the following is likely to be found in the minutes of the board of directors' meetings?
A)Approval of customer credit limits.
B)Approval of a new computer for the controller.
C)Authorization of employee salaries.
D)Authorization of executive salaries.

Question

Quizplus · Accepted Answer

The authorization of executive salaries is typically within the purview of the board of directors and would therefore be included in their meeting minutes. The other options may be discussed and considered by the board, but they are typically handled by management and would not require board approval or be included in their minutes.

Which of the Following Is Likely to Be Found in the Minutes