Identify a true statement about accounting.

Multiple Choice

$$ It is a system of principles applied to present the ethical and environmental position of a business.

$$ It offers corporate boards some specifics regarding ways to mitigate eventual fines by paying attention to ethics and compliance.

$$ It includes those elements of an organization that support people in the achievement of the organization's objectives.

It offers a system of rules and principles that govern the format and content of financial statements.