Nehalem Yacht Club (NYC)is a members-only boating and social club.The board of directors hires professional managers for the many services offered to the club's members,including a harbor master,a chef,and a club manager.The budgeting process is underway at NYC with each operating manager preparing his or her own budget.The board and the membership will approve the budget and monitor operations which demonstrates

Question

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The board of directors hiring professional managers for services offered to members indicates that they have decision control rights over budgeting and operations. The managers prepare their budgets, but the board and membership approve and monitor, indicating control.

Nehalem Yacht Club (NYC)is a Members-Only Boating and Social