Which of the Following Statements Is NOT CORRECT

question 18

Multiple Choice

Which of the following statements is NOT CORRECT?

• A) When a corporation's shares are owned by a few individuals,we say that the firm is "closely,or privately,held."
• B) "Going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares.
• C) The stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the SEC.
• D) When stock in a closely held corporation is offered to the public for the first time,the transaction is called "going public,or an IPO," and the market for such stock is called the new issue or IPO market.
• E) It is possible for a firm to go public and yet not raise any additional new capital for the firm itself.

---

Definitions:

Muscle

Tissue composed of fibers that can contract, causing movement of parts of the body.

Smooth Muscle Cells

Individual cells that make up smooth muscle, characterized by their ability to contract without voluntary control.

Sarcomeres

The functional units of muscle fibers, responsible for muscle contraction.

Skeletal Muscle Cells

Long, cylindrical cells that make up skeletal muscles, which are responsible for voluntary movements of the body.