Answer:
2). Overseeing the company's financial accounting and financial reporting practices and evaluating the caliber of senior executives' strategy-making/strategy-executing skills.
Explanation:
A company's board of directors is primarily responsible for ensuring the appropriate management in the company keeping the interests of the shareholders in mind. Therefore, they constantly overview the financial accounting as well as financial reporting practices of the company so that there is no loophole. At the same time, <u>they are responsible for assessing the efficacy of the skills and caliber of strategy-making and strategy-executing of senior executives as they make day-to-day decisions to run the company</u>. Therefore, their efficacy would play a vital role in determining the company's success and growth. Thus, <u>option 2</u> is the correct answer.
Initially, a bankers' acceptance is essentially a postdated check.
<h3>What is postdated check?</h3>
- A post-dated check is one that has been written by the drawer for a future date and is used in banking. Depending on the nation, a post-dated cheque may be cashed or deposited prior to the date printed on it.
- A check can be postdated by writing one for a later date rather than the one it was written on.
- Usually, the goal is for the check recipient to hold off on cashing or depositing the check until the date that has been mentioned in the future.
- In addition to postdating checks, there are additional options to give yourself extra time to obtain the required amounts to deposit checks in your account.
Learn more about post-dated check here:
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Answer: It underpins a lot of other benefits.
Explanation:
Due to the benefits that are underpinned when prices are attached to natural attributes and ecological services, it is not advisable to put a price on them. There is no single way of valuing something such as water, also biodiversity is difficult to price due to it's form of infrastructure
Employment, inflation, productivity, and taxes and interest rates.
From those four I'd say the first three but taxes and interest rates are also important in certain cases as for purchasing but for working too!