Which of the following statements related to financial accounting is false?
a) The revenue recognition principle states that revenue should be recognized once the performance obligations have been met.
b) The primary users of financial accounting information are internal users such as managers and company officers.
c) Expenses should be recorded in the same period as the revenue they helped generate in the accrual basis of accounting.
d) The objective of financial accounting is to provide information that is useful to users for decision making about capital allocation to the entity.