Which of the following statements is most likely to be false?

		William Beaver (1966, Journal of Accounting Research)s analysis is classified as a univariate bankruptcy prediction model because financial ratios are individually and independently analyzed.
		Altman or Ohlsons models are called multivariate models because the models analyze the relative importance of individual financial statement ratios.
		Moodys KMV RiskCalC3.1 is a commercial version of the Mertons EDF model
		VaR (Value at Risk) analysis cannot be used as a measurement of bankruptcy prediction model.