J-Chron's board of directors periodically meets with the CFO of the company. The CFO reports on the financial status of a company project. The board asks whether the project is compliant withlegally-required accounting principles, butasks no other questions about the project, such as how the project supports the company's mission and strategy. Which of the following is true?

• The board is not meeting its duty of care to shareholders.
• The board is fully meeting its duty of care to shareholders.
• The board is not legally required to meet any duty of care requirements.
• The board is meeting legal requirements but not its duty of care to shareholders.