The relevance of reported asset values is linked with their ultimate recognition as reported expenses. Which of the following statements is not true? Select one: A. When assets are understated, cumulative earnings are understated. O B. Overprovision for current and future liabilities yields an understatement of earnings. C. When liabilities are overstated, cumulative earnings are overstated. O D. When provisions and liabilities are understated, cumulative earnings are overstated. Which of the following is not a determinant of earning quality? Select one: A. Proficiency in maneuvering business forces on earnings level, stability, sources, and variability. O B. Business risk is primarily a result of management's discretionary actions. C. Application of accounting principles to determine revenues and expenses. D. Selection of optimistic or conservative accounting principles O