A97. with reference to inflation accounting, which of the following is not correct? a. inflation accounting is a term describing a range of a. accounting models

A97. With reference to Inflation accounting, which of the following is not correct? A. Inflation accounting is a term describing a range of accounting models. B. It is designed to correct problems arising from historical cost accounting in the presence of high inflation and hyperinflation. oide C. Inflation accounting is used in countries experiencing high inflation or hyperinflation. D. Inflation accounting is a fair value accounting.