Which of the following statements is not true? The capture and recording of event terms is the first stage in the corporate action lifecycle Event terms represent the collective conditions and information stipulated by the position holder relating to the event Cleansing of event terms is a method of ensuring that the information captured is of the highest quality possible, thereby minimizing the risk of error in the calculation of entitlements The event terms will dictate which position holders and holdings are affected by the event, when they are affected and how the resultant entitlements applicable to those positions are calculat