Using International Financial Reporting Standards (IFRS), Which of the Following

Multiple Choice

Using International Financial Reporting Standards (IFRS) , which of the following statements is true regarding correcting errors in previously issued financial statements?

A) Retrospective application is required with no exception.
B) The error can be reported in the current period if it's not considered practicable to report it prospectively.
C) The error can be reported prospectively if it's not considered practicable to report it retrospectively.
D) The error can be reported in the current period if it's not considered practicable to report it retrospectively.