Which of the following statements Is true?

A. Confirmatory value is central to the usefulness of information because it helps investors predict a companys future cash flows.

B. A change in the accounting principle, such as inventory methods, negatively affect the consistency of the accounting information.

C. GAAP is an abbreviation for generally applied accounting procedures.

D. Predictive value is central uo the usefulness of information because it helps confirm other sources of information.