Which of the Following Statements Is Incorrect? Under ASX Listing

question 14

Multiple Choice

Which of the following statements is incorrect? Under ASX Listing Rules, companies must:

• A)attempt to follow best practice recommendations only if it is convenient.
• B)identify reasons for not following the recommendations.
• C)disclose if a recommendation is not met.
• D)disclose if a disclosure is specifically required under a Rule.

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Definitions:

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or service is not achieved or is not achievable.

Total Surplus

The sum of consumer and producer surplus, representing the total net benefit to society from the production and consumption of a good or service.

Quantity Supplied

The total amount of a product or service that producers are willing and able to sell at a specific price over a given period of time.

Quantity Demanded

The amount of a good or service that consumers are willing and able to purchase at a given price.