Which Three of the Following Are Drawbacks to Using Accounting

Which three of the following are drawbacks to using accounting figures to judge managerial performance?

A) Earnings per share growth can lead to loss of value if the time value of money is not accounted for.
B) Figures for earnings per share are not used by institutional investors as a criterion for judging managerial performance.
C) Earnings per share growth fails to take account of the investment needed to generate that growth.
D) Focusing purely on the growth in earnings fails to take account of the risk of those earnings.