Which statement is false? Which statement is false? Accretion discount should be reported on a pretax basis. If future revenue is $606,000 and the discount fact is 0.9091, the present value of the revenue is $550,914.60 Studies have found that the reliability of reserve value disclosures are accurate and reliable. The standardized measure and changes to the standardized measure are all reported at present value. All of the above are true