auditing unit 4 discussion

auditing unit 4 discussion - responsibilities. The Board of...

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The purpose of the Investment Policy is to assist the Board of Directors in effectively supervising and monitoring its investment activities; and to provide guidance to investment managers employed to manage its assets on behalf of the Board. It is set forth by the Board in order to advise all concerned of their legal and fiduciary
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Unformatted text preview: responsibilities. The Board of Directors shall empower an Investment Committee to invest, manage, direct and monitor funds received as a result of fundraising efforts for the benefit of the current and future generations who are the ultimate beneficiaries of the Foundation....
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This note was uploaded on 03/12/2011 for the course AUD 4240 taught by Professor Smith during the Spring '11 term at University of Central Florida.

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