Aegirine Corp., a publicly traded firm based in New Mexico, manufactures iron. According to U.S. securities laws, the firm must:

A. declare any discrepancies in its financial statements before they come up in the independent auditor's report.
B. refrain from involving any third party in the process of auditing to maintain confidentiality.
C. let an independent CPA (Certified Public Accountant) firm perform an annual external audit of its financial statements.
D. hire auditors to analyze its financial statements and file them with the Internal Revenue Service.


Answer: C

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Answer the following statement true (T) or false (F)

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