A FASB Discussion Memorandum Suggested That Cash Flow Data Are

Multiple Choice

A FASB discussion memorandum suggested that cash flow data are a useful supplemental disclosure for all of the following reasons except:

A) They provide information about the quality of income.
B) They aid in assessing flexibility and liquidity.
C) They help to identify the relationship between accounting income and cash flows.
D) They are a better predictor of future earnings than is accounting income.