Which of the Following Statements Is True

Which of the following statements is true?

A) Accountants measure cash flows on a cash basis rather than an accrual basis.
B) Financial analysts focus solely on accrual basis values rather than cash flows when evaluating potential investments.
C) Incremental cash flows effectively represent the marginal costs and marginal benefits expected to result from undertaking a proposed investment.
D) Both (a) and (c) are true.
E) All of the above statements are true.