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Financial statements are prepared for users. Which of the following best describes the responsibility for the preparation of financial statements? Question 2 options: They are

Financial statements are prepared for users. Which of the following best describes the responsibility for the preparation of financial statements?

Question 2 options:

They are the responsibility of management.

They are the responsibility of external auditors.

They are the responsibility of shareholders.

They are the responsibility of standard setters.

None of the above.

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