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Which of the following is false? O Accounting information is often used in determining employee bonuses. ONet income is not important, all that matters to

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Which of the following is false? O Accounting information is often used in determining employee bonuses. ONet income is not important, all that matters to investor and creditors are cash flows. o Accounting information is often reflected in stock prices. O Accounting information is often used to monitor firms' compliance with debt covenants

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