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Ipatiy [6.2K]
9 months ago
15

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other off

icers, who manage the corporation.
Business
1 answer:
klemol [59]9 months ago
5 0

The answer is directors.

<h3>What entity elects the board of directors for a corporation?</h3>
  • The corporation's stockholders elect its board of directors, but they play no other direct role in how the company is run. The board makes the important company decisions of directors.
  • The president of a corporation is chosen directly by its stockholders.
  • In addition to their duty as members of the board of directors, the officers are charged with particular duties. President As the company's chief executive officer, the president, is responsible for the following duties: Preside over board meetings. Served as the executive committee's chairman.
  • The promotion of the organization's work and the recruitment of resources to support its programs and services are some of the duties of board members.

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other officers, who manage the corporation.

The answer is directors.

To learn more about The board of directors of a corporation, refer to:

brainly.com/question/21121907

#SPJ4

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8 0
2 years ago
Prime lending rates are 1) __________ than subprime lending rates and are commonly offered to people with 2)__________ credit sc
Alinara [238K]
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4 0
3 years ago
Read 2 more answers
on september 30 world co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200
goldenfox [79]

Answer: The appropriate entry for the note payable as at 31 December is $758,300.

Explanation: The interest expense on the note is calculated as: $1,000,000 *9/12 *3/12 months = $22,500. The amount paid for the first of the quarterly payment was $264,200. Therefore, note principal repayment can be derived by subtracting the interes accrued from the actual payment, that is, $264,200 minus $22,500 = $241,700. To get the principal note balance, you would subtract $241,700 from $1,000,000, leaving a balance of $758,300.

The appropriate adjusting entries would be:

On 30 September: Debit Cash $1,000,000, Credit Note payable (current liabilities) $1,000,000

Monthly interest accrual: Dr Interest expense $7,500 Credit Interest payable $7,500

On first payment of the quarter, the entity would raise these entries: Dr Interes payable $22,500, Dr note payable (current liabilities) $241,700 Credit Cash $264,200.

8 0
2 years ago
What is the minimum number of days for an informal complaint to be resolved? (equal opportunity complaint process, page 2)?
krek1111 [17]
I believe there are no minimum number of days for this.
informal process of the complaints typically follow the method that is usually not aimed to be finished in legal court.
the purpose of informal complaint usually only to resolve a simple difference rather than full investigation.
7 0
3 years ago
In terms of management levels, managers who make short-term operating decisions and direct the tasks of nonmanagerial personnel
Kryger [21]

Answer: First line manager

Explanation:

 The first line manager basically operate the various types of tasks in the specific department such as assigning the specific task, monitoring and also managing the overall overflow in an organization.

According to the given question, the first line manager is also known as supervisor where they can make the short team decisions and also directing the non-managerial task to the employees in an organization.

Therefore, First line manager is the correct answer.

8 0
2 years ago
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