Which one of the following correctly defines the chain of command in a typical corporate organizational structure?
A) The vice president of finance reports to the chairman of the board.
B) The chief executive officer reports to the board of directors.
C) The controller reports to the president.
D) The treasurer reports to the chief executive officer.
E) The chief operations officer reports to the vice president of production.

Question

Quizplus · Accepted Answer

The chief executive officer (CEO) typically reports to the board of directors in a corporate organizational structure. The board of directors is responsible for the overall governance of the corporation, making the CEO's reporting to them a standard practice.

Which One of the Following Correctly Defines the Chain of Command