14 15 Question 16 (1 point) Listen 17 18 20 21 Which of the following statements is false with regard to quality of financial reporting? Financial statements should reflect an accurate picture of a company's firandes condition and performance. Financial information should be useful both to assess the past and predict the future. It is unlikely that management can manipulate the bottom line due to the i 3 24 regulations in place to enforce GAAP. The closer that the picture presented through the financial data is to reality, the higher the quality of financial reporting