Which Statement About the Commissioners Is NOT Correct

question 7

Multiple Choice

Which statement about the Commissioners is NOT correct?

• A) They are appointed by member state governments.
• B) They work together as a college in which each commissioner participates equally in all decisions.
• C) Each commissioner supervises at least one General Directorate over which they have total control.
• D) They serve for a term that coincides with the electoral life of the European Parliament.
• E) All of these are correct.

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Definitions:

Economic Benefits

The advantageous gains obtained from resources or actions, including income, profits, or intangible assets like brand reputation.

Fair Value

The expected price for unloading an asset or the charge for relocating a liability in an orderly market transaction at the reckoning time.

Identifiable Assets

Identifiable assets are company assets that can be separated from the entity, sold, transferred, licensed, rented, or exchanged, either individually or together with a related contract.

Fair Value

The value likely to be obtained from disposing of an asset or the expense incurred in transferring a liability, within a structured exchange involving market entities at the time of assessment.