True or False: The Board of Directors can charter or revoke a charter of a section.

Prepare for the Professional Golf Management (PGM) Qualifying Test. Study with flashcards and multiple-choice questions—all with hints and explanations. Excel in your exam!

The statement is true because the Board of Directors has the authority to charter or revoke a charter for a section within the governance structure of an organization, such as a professional golf association. This power is a critical aspect of their responsibilities since it ensures that the sections operate within the established guidelines and serve their intended purpose. This authority allows the Board to maintain oversight and ensure that all sections adhere to the overall goals and objectives of the organization.

By holding the ability to revoke a charter, the Board can also take necessary actions against sections that may not meet the required standards or fulfill their obligations. This maintains the integrity and standards of the association as a whole while allowing for flexibility in organizational structure when needed. In contrast, other choices do not accurately reflect the authority held by the Board of Directors, thus affirming the correctness of the statement.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy