How Is the Performance for Period Recorded According to GAAP

Multiple Choice

How is the performance for period recorded according to GAAP business?

A) As a "fair" presentation of results for the period.
B) As a capitalized as asset on balance sheet,not as an expense on income statement.
C) As a proper matching of revenues and costs for the period in an income statement.
D) All of the above.
E) None of the above.