All of the Following Statements Are True Regarding IFRS and Interim

Multiple Choice

All of the following statements are true regarding IFRS and interim except

A) IFRS requires a complete set of financial statements at the interim reporting date.
B) IFRS companies expense interim amounts like advertising expenditures that could benefit later interim periods
C) IFRS leans toward the discrete approach.
D) No accruals or deferrals in anticipation of future events during the year should be reported.