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Governance Essentials
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Question 1 of 14
Under the Australian Charities and Not-for-profits Commission Act 2012, what is the primary fiduciary duty that board members owe to their organisation?
A
To act in good faith and in the best interests of the charitable organisation
B
To maximise profit for shareholders and stakeholders
C
To ensure all staff members receive equal remuneration
D
To follow the directions of the largest donor regardless of organisational impact
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