Step 1: Understanding the Concept:
A thermodynamic system is defined by its boundaries.
The boundaries can be of different types.
Step 2: Key Formula or Approach:
No specific formula.
Need to understand the basics of thermodynamics.
Step 3: Detailed Explanation:
A. System boundary separates the system and surroundings - correct.
B. System boundary may be fixed only - incorrect (it can be moving).
C. Everything external to system is surroundings - correct.
D. System boundary may be moving only - incorrect (it can be fixed).
E. System boundary may be either fixed or moving - correct.
Thus, A, C, and E are correct.
Step 4: Final Answer:
The correct statements are (A), (C), and (E).
Hence, the correct option is (B).