Which of the Following Points Out a Flaw in Kershner's

Multiple Choice

Which of the following points out a flaw in Kershner's reasoning?

A) Kershner is not accounting for all of the possible sources of revenue for the company.
B) Kershner is not including owners' equity as part of sales revenue.
C) Income statements are not as important as balance sheets in determining a company's fiscal health.
D) Many employees are not happy with the direction the company is headed.
E) Kershner is not accounting for the contribution that expenses will make to the income statement.