What checks are there on the accuracy of these statements? (Select the best choice below.)
A. It is up to each investor to certify the accuracy of the financial statements.
B. Financial statements in form 10-K are required to be audited by a neutral third party, who checks them and ensures that the financial statements are prepared according to GAAP and that the information contained is reliable.
C. Financial statements are always sufficiently accurate so no checks are needed.
D. The accuracy of the firm's financial statements is certified by the firm's board of directors, which is the only required check.
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