All of the Following Are True Regarding Accrual Accounting Except

Multiple Choice

All of the following are true regarding accrual accounting except:

A) Accrual basis measures operating success by the extent to which accomplishments exceed efforts.
B) Accrual basis measures operating success by the extent to which revenues exceed expenses.
C) Accrual basis reports operating activities in terms of their success in generating value.
D) Accrual basis for the recognition of expenses is not required under IFRS.