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How does the accounting profession view interim financial reports? As reporting for a discrete accounting period. As a special type of reporting that need not

How does the accounting profession view interim financial reports?

As reporting for a discrete accounting period.

As a "special" type of reporting that need not follow generally accepted accounting principles.

As useful only if activity is evenly spread throughout the year so that estimates are unnecessary.

As reporting for an integral part of an annual period.

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