Which of the Following Represents the Principal Theoretical Issue Underlying

question 13

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.