An Important Criterion Enshrined in Law That Requires Corporations to Prepare

An important criterion enshrined in law that requires corporations to prepare their financial statements in accordance with GAAP is the

A) Canada Business Corporations Act requirement that financial statements be prepared in accordance with accounting standards outlined in the CICA Handbook.
B) Ontario Securities Commission requirement that financial statements be accurate.
C) Ontario Business Corporations Act requirement that all businesses have audits.
D) Federal legislation requiring unqualified audit reports for public companies.