Which of the following is a FALSE statement?

	A.	Investors can use the balance sheet of a company to determine its market value.
	B.	The balance sheet tells investors what the firm's book value is.
	C.	Accounting statements are usually prepared to match the timing of income and expenses.
	D.	Accounting income is rarely equal to a firm's cash flow.
	E.	All public companies are required to file timely, audited financial statementsfor purpose of public perusal.

Ratios that measure how efficiently a firm uses its assets to generate sales are know as:

	A.	Asset management ratios.
	B.	Long term solvency ratios.
	C.	Short-term solvency ratios.
	D.	Market value ratios.
	E.	Profitability ratios.