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Coop Management Chapter 5 Administration

Authored by Lloyd Salinas

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University

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Coop Management Chapter 5 Administration
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15 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The board of directors consists of _____ members elected by the general assembly.

1-5

5-10

10-15

5-15

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It is a committee that guards the financial integrity of the cooperative.

Loan Committee

Audit Committee

Credit Committee

Membership Committee

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It is the highest policy making body in the cooperative.

Regular Meeting

General Election

General Assembly

Special Meeting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The general assembly shall hold on any date within _____ after close of each fiscal year.

60 days

90 days

80 days

70 days

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If nothing stated in the by-laws, the Code provision – that a quorum shall consist of _____ of all the members entitles to vote – shall govern.

50%

25%

30%

45%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In __________ each member shall have only one vote and no voting agreement or other device to evade the one-member-one-vote provision shall be valid.

Secondary Cooperatives

Tertiary Cooperatives

Basic Cooperatives

Primary Cooperatives

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

_______ meetings of the board shall be held every month.

Quarterly

Annual

Special

Regular

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