Stockholders typically prepare the financial statements of publicly owned companies.

Name: Stockholders typically prepare the financial statements of publicly owned companies.
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The financial statements of publicly owned companies are prepared by the company's management and then audited by independent external auditors. While stockholders may have access to the financial statements and some influence over management, they are not typically responsible for preparing the statements.

Stockholders Typically Prepare the Financial Statements of Publicly Owned Companies