An examination of the financial statements of a business to ensure that they conform to generally accepted accounting principles is called A. A certification B. An audit C. A verification D. A validation 9. Which of the following groups has the primary responsibility for the information contained in the financial statements? A. The company's management B. The company's auditors C. The company's investors D. SEC 20. Vader Corp. has provided the following information: Sales were $780,000 Cost of goods sold was $429,000 Net Income was $195,000 What was Vader's gross profit percentage? A. 55% B. 45% C. 62% D. 222%