[GPatton]

Which of the following statement about long-term assets and disclosures is true?

a. A business must disclose every depreciacle asset it owns in the financil statement.
b.Disclosure of PP&E asset by major categories provides decision makers with insight on a company's cash flow expenditures.
c. The choice of a depreciation method can significantly influence a company's apparent financial condition and reported profits.
d.Companies often choose to use accelerated depreciation for their income statements and straight-line depreciation for tax returns.
e. a business should match any debt used to purchase a long-term asset with the long-term asset that debt was used to purchased in the financial statement.

I believe is C, but not sure.

Thank you

[CaptainForest]

C looks like a good answer. Maybe A as well. I hate MC questions...