Let's analyze each statement to find the inaccuracies:
• Statement A is Incorrect: The water-splitting complex (Oxygen Evolving Complex) is associated with Photosystem II (PS II), not PS I. It is located on the inner side of the thylakoid membrane.
• Statement D is Incorrect: $C_4$ plants exhibit Kranz anatomy, which is characterized by bundle sheath cells arranged in a wreath-like manner. $C_3$ plants do not have this structure.
• Statement B is Correct: Even in $C_4$ plants, the actual synthesis of sugars occurs via the $C_3$ cycle (Calvin Cycle) in the bundle sheath cells.
• Statement C is Correct: $C_4$ plants have a mechanism to increase $CO_2$ concentration around RuBisCO, thereby minimizing photorespiration.
• Statement E is Correct: Both mitochondria and chloroplasts use the chemiosmotic gradient to synthesize ATP.