The requirements of a board of directors vary significantly by country and by state; however, there is a developing consensus as to what the major responsibilities should be.Which of the following is NOT one of the responsibilities?
A) Reviewing and approving the use of resources.
B) Setting corporate strategy, overall direction, mission or vision.
C) Controlling, monitoring, or supervising top management.
D) Becoming directly involved in managerial decisions.
E) Hiring and firing the CEO and top management.
Correct Answer:
Verified
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