Which of the Following Statements Is True

question 26

Multiple Choice

Which of the following statements is true?

• A)Earnings per share is an internal measure and is not used by stockholders.
• B)The denominator used in computing earnings per share represents the shares of common stock outstanding on the last day of the accounting period.
• C)Net income is not adjusted when computing earnings per share.
• D)By comparing earnings per share of a single corporation over time, a stockholder can evaluate the corporation's relative earnings performance.

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Definitions:

Punish

The act of imposing a penalty or sanction on someone as a result of their wrongdoing or misbehavior.

Public Prosecutor

A government official who conducts criminal prosecutions on behalf of the state or the people, ensuring the enforcement of the law.

Prosecute

To legally accuse and pursue legal action against someone in a court of law, especially in criminal cases.

Criminal Cases

Legal cases brought by the state against individuals or entities accused of violating criminal laws.