Why Did the FASB Issue Accounting Standards Update No

Why did the FASB issue Accounting Standards Update No. 2014-09, "Revenue from Contracts with Customers?"

A) To bring consistency to the recognition of revenue.
B) To prohibit the use of bad debt expense.
C) To allow a wide array of revenue recognition methods based on industry preferences.
D) To encourage entities to be more forgiving of bad debt.
E) To give entities more flexibility in how and when they recognize revenue.