Under the Discrete Approach to the Preparation of Interim,which of the Following

Multiple Choice

Under the discrete approach to the preparation of interim,which of the following statements is true?

A) Annual expenses are treated as a proportionate part of annual earnings.
B) Income taxes are treated as a cumulative expense.
C) Temporary differences giving rise to future income taxes are allocated to interim periods.
D) Expenses are allocated in a way to show the organization's likely annualized costs.