Choose the phrase that is most correct within the framework of Canadian GAAP: Multiple Choice O The cash paradigm will always yield an identical reported net income to the accrual paradigm the cash paradigm always produces a higher net income than the accrual paradigm Canadian companies can freely choose under Canadian GAAP which of the two paradigms they adopt It is situation specific (cannot be determined from the information provided here) which paradigm produces the highest reported income the cash paradigm always produces a lower net income than the accrual paradigm