Which of the Following Statements Is Not True Concerning Corporate

question 6

Multiple Choice

Which of the following statements is not true concerning corporate governance?

• A) Corporate governance is present only in public organizations.
• B) Corporate governance provides rules for making decisions on corporate affairs.
• C) Corporate governance provides a structure for monitoring performance.
• D) Corporate governance seeks to benefit multiple stakeholders and not just shareholders.

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Definitions:

Mormon Followers

Members of The Church of Jesus Christ of Latter-day Saints, a religious group known for their unique beliefs in Christianity, founded by Joseph Smith in the early 19th century.

Utah

A state in the western United States known for its vast expanses of desert, the Wasatch Range of mountains, and the Great Salt Lake, as well as its significant Mormon community.

Corporations

Legal entities recognized by law that can acquire liabilities and assets, enter into contracts, and are formed to conduct business activities.