u virpidiej Which of the following statements about multiples is incorrect? A Management discretion within allowed accounting practices can distort reported earnings and hence the P/E multiple. B. P/S multiples are not as volatile as P/E ratios. C. Valuation using P/E multiple can accommodate negative earnings D. P/E ratios may not facilitate comparisons across firms. E. P/E ratio is popular in the investment community. Insert appropriate prompt, input type, and other instructions here