You want to improve the qualitative characteristics of your firm's financial statements. Which of the following options would most likely improve the timeliness of your company's financial statements?

Changing the timing of when revenues are recognized.

Increasing the number of disclosures.

Increasing the frequency of statements from annually to quarterly.

Decreasing the useful life of property, plant, and equipment from ten years to five.

Fair value (of an asset) is

an entity-specific measure.

an entry price.

not used when following IFRS.

an exit price.