Which of the Following Is a True Statement

Multiple Choice

Which of the following is a true statement?

A) SFAC No. 5 makes clear that the concepts discussed in the conceptual framework apply to other means of disclosure in addition to financial statements.
B) SFAC No. 5 appears to deny one of the main tenets of the efficient markets hypothesis, that disclosure outside of the body of financial statements is as effective as disclosure within statements themselves.
C) SFAC No. 5 made a clear attempt to resolve the issues of recognition and measurement.
D) SFAC No. 5 was successful because it addressed measurement prior to discussing recognition.