Which of the Following Statements Is FALSE

question 17

Multiple Choice

Which of the following statements is FALSE?

• A) It is important to keep in mind that good governance is value enhancing and so, in principle, is something investors in the firm should strive for.
• B) Corporate governance is a system of checks and balances that trades off costs and benefits.
• C) Because good governance is based upon a basic set of principles, like those detailed in the Cadbury Commission's findings, one should expect all firms to display similar governance structures.
• D) The costs and benefits of a corporate governance system also depend on cultural norms.

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Definitions:

Embryo Development

The process by which an embryo forms and develops, from fertilization to the fetus stage.

Diploid

A cell or organism that has two sets of chromosomes, one from each parent.

Bath Sponges

Natural or synthetic sponges used for cleansing the body; natural ones are harvested from the ocean and belong to a simple, multicellular organism group.

Silica

A hard, unreactive, colorless compound that occurs as the mineral quartz and as a principal constituent of sandstone and other rocks.