Why Is It not a Good Idea to Rely on Your

Why is it not a good idea to rely on your income statement to run your business?

A) The income statement records cash when it comes into the business.
B) The income statement adds non-cash expenses back to the business's earnings.
C) The income statement deducts non-cash expenses, such as depreciation, even when no cash is actually flowing out of the business.
D) The income statement usually contains errors that other statements don't have.