A statement of responsibility declares that:
A) the auditors are responsible for the financial statements, and the statements are free from material misstatement.
B) management is responsible for the financial statements, and the statements are free from material misstatement.
C) management is responsible for the financial statements, and the statements are prepared in accordance with GAAP.
D) the auditors are responsible for the financial statements, and the statements are prepared in accordance with GAAP.
Correct Answer:
Verified
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