Your Company Has an Important Subsidiary in Germany

Your company has an important subsidiary in Germany.You have been given an Income Statement that was prepared by the subsidiary's Frankfurt offices.As there were no notes to the Financial Statements,you should be MOST concerned about:

A) the fact that it was not prepared under GAAP,and may therefore be unreliable.
B) amortization periods differ from those of its American parent company.
C) smoothing practices may have been applied,masking the subsidiary's real operating results.
D) the lack of verifiability attached to the Income Statement.