Which of the Following Is Not Required by Generally Accepted

question 36

Multiple Choice

Which of the following is not required by generally accepted accounting principles?

• A) Statement of cash flows
• B) Earnings per share
• C) Cash per share
• D) Disclosure in notes to financial statements of the projected benefit obligation of a defined-benefit pension plan

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Definitions:

Concise Language

The use of few words to convey a message clearly and effectively without unnecessary detail.

Seaquake

An underwater earthquake that occurs beneath the seabed, often causing significant disturbances in the ocean.

Oilskin Boots

Waterproof boots made from oil-treated leather or fabric, designed to keep the feet dry in wet conditions.

Admiral Court

A term that may refer to a maritime court responsible for issues such as marine salvage, disputes between shipowners, and other nautical matters.