单选题 An analyst does research about various price multiples. Which of the following price multiples is least subject to accounting manipulation or distortion by the management of a company?
A. Price-to-sales ratio.
B. Price-to-book ratio.
C. Trailing price-to-earnings ratio.

【正确答案】 A

【答案解析】[解析] 市销率最不容易作假，因为相比其他数据而言，销售数据更难被捏造，而股票盈利以及净资产都可以通过采取不同的会计处理方式或者估计来进行操纵。