In a broad sense, to Preside is to occupy the leading position of authority, to direct an organization and members within the Church. A father presides over his family. A quorum president presides over a quorum. A Branch President presides over a Branch. A Bishop presides over a Ward. A Stake President presides over a Stake. A Mission President presides over a Mission. An Area President presides over an Area. The President of the Church presides over the entire Church, as directed by Jesus Christ.
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