Which of the Following Statements Is FALSE

question 24

Multiple Choice

Which of the following statements is FALSE?

• A)Organisations such as the Australian Securities and Investments Commission (ASIC), the Australian Securities Exchanges (ASX), and other regulatory authorities adopted new standards that focused on more thorough financial disclosure, greater accountability, and more stringent requirements for the board of directors.
• B)Several high profile corporate scandals during the early part of the twenty-first century prompted tougher regulations designed to address corporate abuses.
• 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)Once a company goes public, it must satisfy all of the requirements of public companies.

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Definitions:

Yucca Mountain

Yucca Mountain in Nevada, USA, is a site that was proposed for the storage of radioactive waste, known for its geological stability and remote location.

Chernobyl

The site of a catastrophic nuclear accident in 1986, located in Ukraine, resulting in widespread environmental and health impacts.

Nuclear Explosion

A release of energy resulting from the splitting (fission) or merging (fusion) of atomic nuclei, producing a large explosion and radioactive fallout.

Uranium Deposits

Concentrations of uranium within the Earth's crust that are economically viable to mine, commonly used as fuel in nuclear reactors.