The objectives of the auditor in auditing the shareholders’ equity accounts include the below, except:

(a) To determine, where appropriate, that transactions have been entered in accordance with resolutions of the board of directors

(b) To determine whether the owners’ equity account transactions are complete and properly recorded

(c) To determine whether the owners’ equity balances are properly presented and disclosed

(d) To determine whether the retained earnings account is accurately disclosed accurately in the financial statements

(e) None