Which of the Following Best Describes the "Critical Approach" to Accounting

Multiple Choice

Which of the following best describes the "critical approach" to accounting?

A) It is a valuable tool for evaluating excessive management compensation.
B) It is a system that includes various levels of authorization to enhance separation of duties.
C) It refers to the application of high-level mental skills in analyzing, evaluating and interpreting financial information for decision-making.
D) A company's auditors may apply the critical approach in their audit procedures.