All of the following are true regarding a high quality balance sheet except:

A. It should portray the economic resources that can be reasonably expected to generate future economic benefits.

B. It should provide a complete and fair portrayal of all of the firms obligations at a point in time, including the present value of long-term liabilities for future payments.

C. It should minimize measurement error and bias.

D. It should be optimistic in terms of accounting numbers.