Which of the following statements is correct about financial information? Trade offs are necessary in accounting. All users require the same kind of information. Forward looking information is useful for evaluating management stewardship. Historical cost information is useful for pricing the value of a company's shares. Fair values are always more reliable than historical cost values. Managers' efforts to bias reported accounting information in one way or another are called: Positive Accounting Theory. Efficient Market Hypothesis. Adverse Selection. Measurement Perspective. Earnings Management.