Which Statement Is Correct

question 38

Multiple Choice

Which statement is correct?

• A)Companies with a simple capital structure must disclose diluted EPS.
• B)Companies with a complex capital structure must disclose diluted EPS.
• C)Companies with a simple capital structure do not need to disclose basic EPS.
• D)Companies with a complex capital structure do not need to disclose diluted EPS.

---

Definitions:

Income Tax Collections

The process of collecting taxes imposed on individuals or entities based on their income or profits by the government.

National Income

A measure of the total value of all goods and services produced by a country over a specific time period, often adjusted for inflation and excluding net income from abroad.

Budget Deficit

A situation where a government's expenditures exceed its revenues, resulting in the need to borrow money to cover the shortfall.

Government Spending

All expenditures made by government agencies on goods, services, and projects to achieve economic and social goals.