A corporate board of directors does not generally
A) select officers.
B) formulate operating policies.
C) declare dividends.
D) execute policy.

Question

Quizplus · Accepted Answer

The role of a board of directors is to establish policy and direction for the company, but it does not usually execute policy. That is the responsibility of the officers and employees of the company. The other options are within the typical responsibilities of a board of directors.

A Corporate Board of Directors Does Not Generally