Which Statement Is Correct About Earnings Per Share (EPS)

question 81

Multiple Choice

Which statement is correct about earnings per share (EPS) ?

• A)EPS does not need to be disclosed under IFRS.
• B)EPS needs to be disclosed under IFRS.
• C)EPS is calculated for preferred shares.
• D)EPS is a ratio used to assess leverage.

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Definitions:

Lack of Ability

A condition or situation in which an individual does not have the requisite skills or capacity to perform a specific task or role.

Flowery Speech

The use of elaborate, often poetic language and expressions, sometimes to the point of being overly ornate or decorative.

Somatic Delusion

A false belief about one's body or bodily functions that is not based in reality, often found in psychiatric conditions.

Delusion of Grandeur

A false belief in one's own superiority, greatness, or power, often seen in psychiatric conditions such as bipolar disorder or schizophrenia.