Final answer:
The statement given is incorrect because the approval of a thesis requires a faculty committee's assessment, not just the supervisor's consultation.
Step-by-step explanation:
The statement "In consultation with your supervisor, your thesis is approved by the faculty committee" is False. Although the consultation with your supervisor is a crucial step in the thesis preparation process, it is not the supervisor alone who approves your thesis. The final approval comes from a faculty committee, which reviews the thesis after you have developed your argument and submitted your work.
A thesis involves a long process of researching, drafting, receiving feedback, and revising. It's essential to consult with your supervisor throughout this process to ensure that your work aligns with academic standards and expectations. However, the faculty committee is responsible for approving the thesis based on criteria such as the merit of your research, the quality of your argument, and compliance with academic standards.