Final answer:
The qualitative characteristic of accounting information that applies to Best Buy's situation is reliability.
Step-by-step explanation:
The qualitative characteristic of accounting information that applies to the situation of Best Buy's annual reports being audited by certified public accountants is reliability.
Reliability is one of the fundamental qualitative characteristics of accounting information, along with relevance, understandability, and comparability.
Reliability means that the information presented in the annual reports is accurate, free from bias, and faithfully represents Best Buy's financial position and performance.