Which of the Following Statements Is Not True

Which of the following statements is not true:

A) The uniform system of accounts is extensively used outside the hotel industry.
B) The uniform system of accounts is a system that can be viewed as "state of the art" as it benefits from the accumulated experience of the parties that have contributed to the system's development over many years.
C) The uniform system of accounts promotes consistent account classification schemes as well as consistent presentation of performance reports and therefore facilitates comparison across hotels.
D) The uniform system of accounts does not signify that all hotels should use the same management accounting system.
E) The uniform system of accounts represents a common point of reference for hotels within the same hotel group.