Which of the Following Is Not a Reason Justifying the Use

Multiple Choice

Which of the following is not a reason justifying the use of accounting estimates?

A) The valuation or measurement of some accounts is uncertain pending the outcome of future events.
B) Data about past events cannot be accumulated in a cost-effective manner.
C) Data about future events cannot be accumulated in a cost-effective manner.
D) Data about past events cannot be accumulated in a timely manner.