Which of the following is true of integrated reporting?

a. Integrated reporting occurs when an organization combines its annual report with its sustainability report to form one combined report for all stakeholders.

b. Integrated reporting regulations have been under development since the early 1910s.

c. Integrated reporting is not required to follow any particular set of rules when preparing the information contained within the report.

d. In most countries and business environments, integrated reporting is not required to have the report contents verified by an independent third party.