Which of the following statements is true?

1. EPS calculations for interim reports follow simpler procedures than those required for annual calculations.

2. Major events such as discontinued operations should be reported separately in the interim period in which they occur rather than being allocated among individual quarters within the fiscal year.

3. Companies filing financial reports of interim periods of the same fiscal year are not required to repeat disclosures that are made in the related annual report.

4. All of the other answer choices are true.