Which of the following statements about labeled statements in JavaScript is accurate?
Labeled statements in JavaScript provide a way to identify a loop or block for break and continue statements. By labeling a loop, you can target a specific outer loop with break or continue, even from nested loops. For example: outerLoop: for(let i=0; i<3; i++) { for(let j=0; j<3; j++) { if(someCondition) break outerLoop; } }. Without the label, the break would only exit the inner loop. Labeled statements do not create goto-style arbitrary jumps in code, affect variable scope, or change function return values; they are specifically for targeted break and continue operations.