One of the following statements about the regulations governing limited company businesses is correct:

a) All limited companies are obliged by company law to have an annual audit.

b) A limited company must send annual accounts to all of its shareholders.

c) All shareholders have unlimited access to their company's management accounting information.

d) The general public can access information about a company only by applying in writing to the directors.

5.4 A Which of the following statements is correct? The stewardship function requires directors of limited companies to:

a) Act at all times in the best interests of the company.

b) Allow shareholders to see detailed accounting records upon request.

c) Hold regular monthly meetings to answer shareholders' questions.

d) Consult the shareholders over particularly difficult management decisions.