Which of the Following Statements Is FALSE

question 40

Multiple Choice

Which of the following statements is FALSE?

• A)A board is said to be classified when its monitoring duties have been compromised by connections or perceived loyalties to management.
• B)Even the most active independent directors spend only one or two days per month on firm business,and many independent directors sit on multiple boards,further dividing their attention.
• C)On a board composed of insider,gray,and independent directors,the role of the independent director is really that of a watchdog.
• D)Because independent directors' personal wealth is likely to be less sensitive to performance than that of insider and gray directors,they have less incentive to closely monitor the firm.

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Definitions:

Story Sharing

Story sharing is the act of narrating personal experiences or tales to others as a form of communication, knowledge exchange, or fostering connections.

Practice Stories

Anecdotes or narratives shared among practitioners about their experiences, challenges, successes, and learnings in their professional practice.

Independent Living

A condition or lifestyle in which individuals with disabilities have the opportunity to make their choices, exert control over their lives, and achieve self-determination.

Health Challenge

Any factor or situation that poses a threat to the physical or mental well-being of an individual or population.