Which Statement in Relation to a Company Is Not Correct

question 10

Multiple Choice

Which statement in relation to a company is not correct?

• A)The directors are required to report to the shareholders by means of financial statements.
• B)The directors are appointed by the shareholders.
• C)If the accounts are required to be audited, the auditors are appointed by the directors.
• D)None of the above, i.e., all are correct statements.