How Should Seasonal Revenues Be Reported in an Interim Financial

Multiple Choice

How should seasonal revenues be reported in an interim financial statement?

A) The seasonal nature should be disclosed, and a pro forma report for the next 12-month period should supplement the interim report.
B) The seasonal nature should be disclosed but no other reports should accompany the interim report.
C) The seasonal nature should be disclosed, and a supplemental report for the 12-month period ended at the interim date should supplement the interim report.
D) The financial statements should be adjusted to reflect the assumption that no seasonal revenues could be earned.
E) Seasonal revenues have no particular reporting requirement.