Two of the following four statements are correct: 1 Directors must prepare the company’s financial statements themselves. 2 Directors take complete responsibility for the preparation of financial...

1 Directors must prepare the company’s financial statements themselves.

2 Directors take complete responsibility for the preparation of financial statements.

3 Directors may be guilty of a criminal offence if the accounts do not present a true and fair view.

4 Directors may be guilty of a criminal offence if it is proven that they have defrauded creditors.

Which are the correct statements?

a) 3 and 4

b) 2 and 4

c) 1 and 2

d) 1 and 3