Which of the following is not a limitation of financial statements?

A.It is possible that two firms operating in the same industry may follow different accounting methods for the exact same transaction.

B.Financial statements are not adjusted to show the impact of inflation.

C Financial statements do not reflect opportunity cost, which is an economic concept relating to income forgone because an opportunity to earn income was not pursued.

D. Full disclosure requires that the financial statements and notes include all necessary information to prevent a reasonably astute user of the financial statements from being misled