Which of the Following Represents the Principal Theoretical Issue Underlying

Multiple Choice

Which of the following represents the principal theoretical issue underlying quarterly data?

A) Whether an interim period should be viewed as a separate period standing on its own.
B) Whether an interim period report should include balance sheet and cash flow statements.
C) Whether quarterly earnings should be disaggregated by segments in terms of revenues, profit or loss, and segment assets.
D) Whether interim reports should include income statement data and basic and fully diluted earnings per share numbers.