Which of the Following Is Not a True Statement Regarding

Multiple Choice

Which of the following is not a true statement regarding John C. Burton, former chief accountant of the SEC?

A) His influence moved the development of accounting for changing prices significantly forward.
B) He believed that any changes in financial reporting should be made to the measurement system itself.
C) He believed that inflation creates greater distortions when the current cost approach to measurement is used.
D) He had doubts as to whether a system using general price-level adjustments would provide any benefit.