Which of the Following Statements Is Correct Regarding APB Opinion

Multiple Choice

Which of the following statements is correct regarding APB Opinion No. 28, "Interim Financial Reporting," and IAS No. 34, "Interim Financial Reporting"?

A) Both pronouncements view each reporting interval as a separate accounting period.
B) Only IAS No. 34 views each reporting interval as a separate accounting period.
C) Only APB Opinion No. 28 views each reporting interval as a separate accounting period.
D) Only IAS No. 34 views each interim period as an integral part of each annual period.