Which of the Following Statements Is FALSE

question 15

Multiple Choice

Which of the following statements is FALSE?

• A)Once a company goes public,it must satisfy all of the requirements of public companies.
• B)Organizations such as the Securities and Exchange Commission (SEC),the securities exchanges (including the New York Stock Exchange and the Nasdaq),and Congress (through the Sarbanes-Oxley Act of 2002)adopted new standards that focused on more thorough financial disclosure,greater accountability,and more stringent requirements for the board of directors.
• C)The major advantage of undertaking an IPO is also one of the major disadvantages of an IPO: When investors diversify their holdings,the equity holders of the corporation become more concentrated.
• D)Several high profile corporate scandals during the early part of the twenty-first century prompted tougher regulations designed to address corporate abuses.

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Definitions:

Pregnant

The state of carrying a developing embryo or fetus within the female body.

Neural-Tube Defect

A birth defect involving incomplete development of the brain, spinal cord, or their protective coverings.

Folic Acid

A type of B vitamin important for cell growth, DNA synthesis, and the prevention of certain birth defects.

Diet

The combination of food and drink that a person regularly consumes, often considered in the context of nutritional quality and effects on health.