If a bond is issued at a discount, the net carrying value of the bond reported on the subsequent balance sheets remains constant until maturity. cannot be determined from the information given. increases each year until maturity. decreases each year until maturity. Which of the following is false? Accounting information is often reflected in stock prices. Accounting information is often used to monitor firms' compliance with debt covenants. Accounting information is often used in determining employee bonuses. The calculation of Net Income is not important, all that matters to investor and creditors are the cash flows the firm generates