ACCA Applied Skills · Corporate and Business Law (Global) · Other company officers
Calder plc's secretary, Mei, is asked what she may do by virtue of her office, without needing specific board authority. Which of the following falls within the secretary's normal administrative duties?
Filing statutory returns and maintaining registers and records are normal duties of the company secretary. Decisions on dividends and acquisitions belong to the board, so the secretary cannot take them without specific authority.
- AFiling statutory returns and maintaining the company's registers and recordsCorrect
- BDeciding the amount of the annual dividend to recommend to shareholders
- CApproving the company's decision to acquire a competitor
Explanation
Maintaining registers and filing returns are typical administrative duties of a secretary. Recommending dividends and approving acquisitions are board-level commercial decisions, not within the secretary's office.
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