In Considering Interim Financial Reporting,how Does FASB ASC Topic 270

Multiple Choice

In considering interim financial reporting,how does FASB ASC Topic 270 conclude that such reporting should be viewed?

A) As reporting for a basic accounting period
B) As reporting for an integral part of an annual period
C) As a "special" type of reporting that need not follow generally accepted accounting principles
D) As useful only if activity is evenly spread throughout the year so that estimates are unnecessary