A company constructs a building and reports the cost of construction at $$400$ million. Which of the following is a true statement?

The company cannot spend more than $$400$ million on the building.

Reporting $$400$ million in the financial statement will lead to material misstatement.

To be fairly presented, the true cost of the building cannot be materially different from $$400$ million.

Investors will expect that $$400$ million was the exact cost of the building.

The accountant would hever let the amount of $$400$ million be reported if it were not right down to the penny.