In the ……………….membership elects a new board.

Related MCQs

• In the ……………the board makes or changes policies as required, or recommends a policy to the membership if only the membership has the authority in a particular area.
• In the ……………..the board approves new members or terminates a person’s membership.
• In the ………………….the board of directors reports to membership, reviewing the past business year and the year’s financial statements.
• In ……………………who participates, will vary from co-operative to co-operative depending upon the organizational structures that have been approved by the membership and/or the board of directors.
• Every society shall maintain …………………for recording the applications for membership containing the name and address of the applicant.
• Every society shall maintain …………………for recording the applications for membership,the number of shares applied for and in case of refusal, the date of communication of the decision refusing admission to the applicant.
• ………………are the expenses paid on account of rent, rates and taxes, insurance premiums, subscriptions membership fee etc. for periods that extent beyond the date of the balance sheet.
• In the …………….the board seeks approval of its recommendations for surplus allocation.
• In the …………………the manager(s) reports to the board, which in turn provides direction to the manager(s).
• The key function of……………………..is for the board to hold those in charge of making decisions on behalf of the cooperative society accountable for the outcomes of those decisions.