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.

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Definitions:

Indirect Marketing Channel

A pathway of distribution involving one or more intermediaries (such as wholesalers or retailers) between the producer and the consumer.

Intermediaries

Entities or individuals that act as a middleman in the distribution chain between producer and end-user, facilitating transactions or dissemination of products.

Distribution

The process by which goods are transported from the producer or supplier to the consumer or retail outlet.

Direct To Consumer

A business approach where companies sell directly to consumers, bypassing traditional retail intermediaries or channels.