Which of the following statements about a company’s financialrecord-keeping obligations is not correct?
Group of answer choices
a.Every company is required to keep written financial recordsthat correctly record and explain its transactions and financialposition and performance.
b.Every company is required to keep written financial recordsthat would enable true and fair financial statements to be preparedand audited.
c.Every company is obliged to prepare financial statements everyyear.
d.‘Financial records’ include invoices, receipts, paymentorders, documents of prime entry and working papers.
