Which of the Following Statements Is FALSE

question 40

Multiple Choice

Which of the following statements is FALSE?

• A)A board is said to be classified when its monitoring duties have been compromised by connections or perceived loyalties to management.
• B)Even the most active independent directors spend only one or two days per month on firm business,and many independent directors sit on multiple boards,further dividing their attention.
• C)On a board composed of insider,gray,and independent directors,the role of the independent director is really that of a watchdog.
• D)Because independent directors' personal wealth is likely to be less sensitive to performance than that of insider and gray directors,they have less incentive to closely monitor the firm.

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Definitions:

Intranets

Private networks designed to allow members of an organization to securely share information and computing resources.

Dominant Media

Dominant Media refers to the main or most influential forms of media, such as television, newspapers, and radio, that have significant reach and impact on public opinion.

Credit Card Payment

A method of payment for goods and services using a credit card issued by a financial institution, allowing for immediate purchase with deferred payment.

B2C Transactions

Transactions that occur between businesses and individual consumers, typically involving the sale of goods or services to the public.