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.

---

Definitions:

GHG Protocol Initiative

A comprehensive global standardized framework for measuring and managing greenhouse gas emissions, helping businesses, governments, and other organizations to understand, quantify, and manage their carbon footprint.

Scope 1

Refers to direct greenhouse gas emissions from sources that are owned or controlled by an organization, such as emissions from company vehicles or facilities.

Reporting Entity

An organization or unit for which financial statements are prepared to reflect its economic activities and condition.

Direct Emissions

Emissions released straight into the atmosphere from a source owned or controlled by an entity, such as emissions from factory stacks or company vehicles.