A meeting of the shareholders is conducted annually is calledQuestion 12Answera.AMb.AGMc.SMd.OM
Question
A meeting of the shareholders is conducted annually is called
Question 12
Answer:
- a. AM
- b. AGM
- c. SM
- d. OM
Solution
The correct answer to the question is:
b. AGM
Explanation:
- AGM stands for Annual General Meeting, which is a formal meeting of the shareholders of a company.
- During the AGM, various business matters are discussed, including financial performance, director elections, and other important updates.
- This meeting is typically mandated by corporate laws in many jurisdictions, requiring companies to hold them on an annual basis to promote transparency and accountability to shareholders.
In summary, the meeting of the shareholders that is conducted annually is known as the Annual General Meeting (AGM).
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