The Board of Directors of the Company, who has to form a Corporate Social Responsibility Committee, shall make sure that the company spends in every financial year, minimum ............ % of the average net profits made
CS Executive · Corporate and Management Accounting · PYQS · December 2020
The Board of Directors of the Company, who has to form a Corporate Social Responsibility Committee, shall make sure that the company spends in every financial year, minimum ............ % of the average net profits made during the 3 immediately preceding financial years as per the CSR policy.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Corporate Governance
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