Which of the Following Statements Is Incorrect

question 17

Multiple Choice

Which of the following statements is incorrect?

• A)In Australia boards tend to be made up of independent directors with the CEO sitting on the board as managing director.The chairman is normally independent.
• B)In Germany companies tend to have dual board structures,where there is a management board that operates within the company and essentially makes the major decisions,as well as a supervisory board that generally comprises fully independent directors who oversee the decisions of the management board.
• C)In America boards tend to comprises several outside directors as well as several inside directors including the CEO,who is commonly the chairman of the board
• D)In Japan companies tend to have dual board structures,where there is a supervisory board that operates within the company and essentially makes the major decisions,as well as a management board that generally comprises fully independent directors who oversee the decisions of the supervisory board.

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Definitions:

Fluctuations

Variations or changes in level, intensity, or value, typically describing economic indicators like prices, rates, or stock market activities.

Government Purchase

Expenditures by the government on goods and services that are part of the country's Gross Domestic Product (GDP).

Military Aircrafts

Military aircrafts are aircrafts used by the armed forces of countries for defense, attack, and transport purposes, including fighters, bombers, and transport planes.

Interstate Highway

A network of controlled-access highways that form part of the National Highway System in the United States.