Which of the Following Statements Is True

Which of the following statements is true?

A) In order to remain impartial, the FASB discourages public input during development of standards.
B) FASB accounting standards are the result of clearly defined objectives, an integrated body of theory, and the known consequences of actions.
C) The FASB deliberates and issues accounting standards only after receiving a formal letter of request from the SEC.
D) Accounting standards, which have economic and political consequences, are often the result of compromise.