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THE USE OF FINANCIAL COMMITTEES
The Finance Committee
5 other sections not shown
accounting committee action committees actuarial annual appointing authority Attendance by Nonmembers beneﬁts bers board of directors budget committee capital appropriations committee capital budgets capital ex capital expenditures cerned certiﬁcates chairman cial classiﬁcation commit committee duties committee meetings committee members Committee Membership committees examined committees studied company’s decision division head duties and authority employees established evaluation example Executive Title Companies Executive vice-president Executives Serving executives stress ﬁnal approval Finance ﬁnance committee ﬁnancial committees ﬁnancial executives ﬁrst ﬁve formal agenda formal minutes frequently funds Majority Rule matters Meeting Activity mendations ment mittee monthly Number of Executive operating budgets over-all pany pension board pension committee pension plans president prior problems procedures proﬁt plan proposed quorum recom recommendations requests responsible retirement board retirement committee review and approval salary committee salary increase secretary serve indeﬁnitely sion speciﬁc submitted Table tion tive usually vice-chairman Vice-president—ﬁnance Vice-president—operations vote