How to make decisions on corporate and business issues


Comment to the following scenario:

Time gentlemen, please! Information is normally furnished to all board members in the week before a board meeting, to enable the directors to consider the issues for discussion and to request clarification or additional information. All directors are provided with, and have full access to, information which enables them to make informed decisions on corporate and business issues, including operational and financial performance. In particular, the board receives monthly information on the financial trading performance of the company and a comprehensive finance report which includes operational highlights. All directors receive sales and margin information for the company weekly by trading unit.

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Managerial Accounting: How to make decisions on corporate and business issues
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