Below of the following statements are false? 1. The independent accounting firm that audits a company's records is also responsible for creating the financial statements. II. When a firm orders merchandise from a supplier the firm will make a journal entry at the time of the order to recognize the merchandise in inventory. III. A firm's stock returns are generally not associated with the firm's reported net income. IV. Dividends declared and paid to shareholders should be reported as an expense on the income statement. Only I, II, and Ill are false Only I and III are false Only I is false All are false