The actual management of a corporation is the function of its

a. employee teams

b. board of directors

c. stockholders

d. officers

The correct answer is B

Explanation:

BOD stands for Board of Director, it is a group of individuals who are elected and are those who represent the shareholders.

They perform the vital purpose which ensures the prosperity through collectively directing the affairs of the company.

BOD is essentially the body of management for the corporation, therefore, it is the actual management of the corporation. And the responsibilities involve creating all the policies of the business and also approve the major and important undertakings and contracts.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.