Which of the Following Statements Regarding Earnings Per Share Is

question 58

Multiple Choice

Which of the following statements regarding earnings per share is false?

• A) It is reported on the income statement.
• B) It increases when net income increases.
• C)It is based on the average number of common shares outstanding.
• D)It would not be affected by an extraordinary loss.

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Definitions:

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, self-discipline, and the desire to do a task well.

Emotional Stability

A trait characterized by the consistent ability to remain calm, even in stressful situations.

Alcohol

A psychoactive substance, specifically ethanol, which is commonly consumed in beverages and can alter consciousness and impair cognitive and motor functions.

Tendency to Aggress

A predisposition or inclination in individuals to engage in hostile or violent behaviors.