Why is it important to adjust financial numbers during the inflation periods? A) Managers can get misleading information both for the current performance measures andfuture projections B) Financial projections are distorted C) Budgets are comparable D) None of the above

The purpose of the general price level adjusted current cost is: A) To preserve productive capacity in real terms and the firm purchasing power B) To protect the purchasing power C) To determine the gain of monetary assets D) None of the above