Accounting Numbers Are Useful in That They

Multiple Choice

Accounting numbers are useful in that they

A) are easy to manipulate by management and help predict a company's future earnings and cash flows.
B) allow users to see management's predictions of future profits and help predict a company's future cash flows.
C) help investors and creditors influence and monitor management's business decisions and help predict a company's future earnings and cash flows.
D) help investors and creditors influence, manipulate, and monitor management's business decisions so that future profits are high.