Question 4 Which of the following is NOT a function of the board of directors? determining how top executives should be compensated day-to-day running of the company O answering to shareholders of the company monitoring the performance of the company Question 5 2.5 pts Which of the following should be true for an asset to be considered liquid? It is offered for sale on both primary and secondary markets. It can be bought and sold at an organized stock market or bourse. It can be easily bought and sold and the selling price is very close to the buying price at a given point in time It pays regular dividends