Which statement best describes option backdating? A)Option backdating is a way for firms to punishmanagers when the firm is performing poorlyB)Option backdating is a practice in which the option grant date is chosen after the fact, for the purpose of creating shareholder wealth C)Option backdating is a practice in which the option grant date ischosen after the fact, for the purpose of adding to the wealth of the CEO receiving the option D)Option backing is largely a myth