Why is there a disagreement among financial analysts and finance professors over applying accrual accounting rules to raw cash flow data?

Select an answer:

• The disagreement is over the best measure of economic performance for a business.

• The disagreement is over accrual accounting not being able to come up with net income.

• The disagreement is over the complexity of accrual accounting rules for a company.

• The disagreement is over the number of adjustments needed for accrual accounting.