Saturday, July 14, 2012

What is a minute?, The importance of minutes

What is a minute?, The importance of minutes

Hello dear friends here you will get What is a minute? The importance of minutes A minute is the written record of the proceedings of a meeting. It provides a fair and correct summary of the matters discussed in a meeting.

Secretary of the company records the proceedings of a meeting in the minute’s book. It is kept as a documentary evidence for future references.

Importance or objectives of a minute:
1. It provides accurate summary of the proceeding of a meeting
2. Acts as documentary evidence
3. Opinions of the members can be reviewed
4. Guidelines for future meetings
5. Acts as a means of accountability to the shareholders

What is a minute?, The importance of minutes

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