Indicate whether each of the statements is true or false.

A$.$ The primary objective of financial reporting is to provide financial information that is useful to existing and potential investors, lenders, and creditors in making decisions about providing resources to the entity.

B$.$ Information about a company's expected returns helps users form expectations about the timing and amount of a company's cash flows.

C$.$ External users are concerned with a company's ability to generate net cash inflows because it helps them evaluate a company's ability to generate a return on their investment.

D$.$ Financial reporting is not designed to provide how efficiently and effectively management has discharged its responsibilities to use the company's resources.

E$.$ Information about a company's resources and claims on its resources is helpful in assessing a company's liquidity and solvency.