Reasons That a Private Company Might Decide to Prepare Financial

Reasons that a private company might decide to prepare financial statements include all of the following, except:

A) The company's lenders require the company to send them financial statements.
B) The company has several owners, who wish to monitor their ownership interests.
C) All U.S. companies must file annual audited financial statements with the U.S. government each year.
D) The company has profit-sharing plans that require it to base payments on financial statement information.