Research indicates that lenders making predictions of corporate failure relied:
A. Almost exclusively on accrual information
B. More on accrual information than cash flow information
C. More on cash flow information than accrual information
D. Almost exclusively on cash flow information
Answer:C
Research indicates that lenders making predictions of corporate failure relied:
A. Almost exclusively on accrual information B. More on accrual information than cash flow information C. More on cash flow information than accrual information D. Almost exclusively on cash flow information