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2 years ago

The responsibilities of the board of directors includes: Group of answer choices Caring for shareholder interests A

1 answer:

3 0

A corporation's shareholders elect the board of directors to supervise, direct, and make business decisions on their behalf.

<h3>What are board of directors responsible for?</h3>

Generally speaking, the board serves as a fiduciary, setting broad rules and making significant decisions on behalf of the business and its shareholders. The hiring, firing, and salary of senior executives are all matters that fall under the authority of a board, as well as mergers and acquisitions, dividends, and significant investments.

The primary obligations of board members to shareholders are related to their fiduciary duties, which include the obligations of care, loyalty, and obedience. Board members are expected to put the needs of the company ahead of their own in carrying out these tasks.

<h3>Who is responsible for shareholders interests?</h3>

A corporation's shareholders elect the board of directors to supervise, direct, and make business decisions on their behalf. As a result, the board is directly in charge of overseeing and safeguarding the interests of shareholders in the business.

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N 2011, brazil had a gdp of $2.3 trillion and a per capita gdp of $11,800. a fifth of the population lived below the poverty lin

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I'm so sorry you didn't get a reply until 2 weeks later but I figured it'd be a good a idea to answer for those who still need it. :(
The answer is C. Rapidly increasing exports.
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3 years ago

All of the following bacteria can cause foodborne illness except ?

Lesechka [4]

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3 years ago

What is the difference between federal and private loans.

MArishka [77]

Answer:

federal loans are provided by the government and private loans are provided by banks, credit unions, and other financial institutions.

Explanation:

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3 years ago

1.2 Explain the concept of the labour market to a Grade 12 school-leaver. Give a

Marianna [84]

Answer:

The labor market is the phrase used to describe the supply of labor by employees and demand of labor by the employers as such there is an interaction between the workers and the employers where wage is paid to the workers by the employers for the labor the workers supplied

Being educated gives an employee the capacity to be more productive and gives an indication of the potential of prospective employees to recruiters and employers. Therefore, qualifications attained are an advantage when seeking employment alongside many several other job seekers

Therefore, a grade 12 school-leaver competing for a job alongside several others with similar or tertiary education is less likely to secure a desired job or vocation

However, with a tertiary education, such job seekers would more readily convince recruiters about their ability to satisfactorily perform their desired job

Explanation:

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3 years ago

Vasco Company purchased equipment on January 1, 2001 at a purchase price of $50,000. Vasco paid $2,500 in shipping costs on the

Lynna [10]

Answer:

The amount of depreciation expense is $3,871.86.

Explanation:

Sum-of-the-years digits method is determined by: (Remaining useful life/Sum of the years' digits) x Depreciable cost.

Depreciable cost = Cost - Salvage value

Depreciable cost = $50,000 + $2,500 - $5,000 = $47,500

Insurance premium is usually for a period of 1 year. This will be treated as prepayment instead of being added to the cost of the equipment. Shipping cost is added based on the recommendation of IAS 16 Property, Plant and Equipment.

Depreciation expense = 6/21 x $47,500 = $13,571.43 for Year 2001

Depreciation expense = 5/21 x $47,500 = $11,309.52 for Year 2002

As at December 2002, the accumulated depreciation will be $13,571.43 + $11,309.52 = $24,880.95; so, net book value is $52,500 - $24,880.95 = $27,619.05.

Change in estimate: 8/55 x $27,619.05 - $1,000 = $3,871.86.

55 = 10+9+8+7+6+5+4+3+2+1

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3 years ago