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H3Ko H3Ko
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7 years ago
Regarding the separation of corporate ownership and management, which of the following is a true statement?
A) The corporate officers elect the board of directors.
B) Stockholders own the business, but a board of directors appoints corporate officers to manage the business.
C) None of the stockholders have the ability to manage the business of the corporation.
D) The corporation runs better with day-to-day input from stockholders.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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#3
5 years ago
Thanks
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