Co-operative Management and Administration MCQ

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Co-operative Management and Administration MCQ

31. In the ……………..the board evaluates the cooperative society’s financial position to determine whether or not the budgeted objectives are being met and what actions should be taken to improve the situation.

32. 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.

33. In the ……………….the Board members discuss long-term goals and strategy and ensure that
a good planning process is in place to guide the cooperative society in the coming year(s).

34. In the ……………..the board approves new members or terminates a person’s membership.

35. In the …………..consultation and decision-making about daily activities takes place between
members and management.

36. 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.

37. An ……………………………convenes once a year on a date fixed by the bylaws of the cooperative but, not later than three months after the end of the financial year.

38. The …………………. takes place only once.

39. The …………….will approve the financial, social, and development plans for the following
year.

40. The……………..will elect the managerial units of the cooperative and the control committee
for the following year.