B为什么不对

问题如下：

Which of the following suggestions is best aligned with CFA Institute advocacy for financial reporting that reflects economic reality? (2020-Mock-A-AM 48)

选项：

A.Cash flow statements prepared using the direct format for cash flow from operations (CFO) B.Conservatism in revenue recognition policies C.Detailed cost information for long-lived assets

解释：

The CFA Institute position paper “A Comprehensive Business Reporting Model: Financial Reporting for Investors” (2007) advocated for financial reporting that reflects economic reality. It specifically identified a preference for using the direct format for CFO in cash flow statements.B is incorrect. The position paper advocated for neutrality in financial reporting.C is incorrect. The position paper advocated for information regarding the current fair value of assets and liabilities, not cost information.