The following would be a key control function of a board of directors.
A)Set guidance and boundaries
B)Appoint the CEO
C)Approve the sale of the company's assets
D)Decide on the company's auditor
E)All of the above

Question

Quizplus · Accepted Answer

All of the options listed are key control functions of a board of directors. They set the strategic direction and policies (A), appoint and oversee the CEO (B), make significant decisions such as the sale of assets (C), and select the company's auditor to ensure financial transparency and integrity (D).

The Following Would Be a Key Control Function of a Board