In Considering Interim Financial Reporting, How Does IFRS Conclude That

question 33

Multiple Choice

In considering interim financial reporting, how does IFRS conclude that such reporting should be viewed?

• A)As a "special" type of reporting that need not follow international financial reporting standards
• B)As useful only if activity is evenly spread throughout the year so that estimates are unnecessary.
• C)As reporting for an integral part of an annual period.
• D)As reporting for a separate accounting period

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