For Which One of the Following Components Is Earnings Per

question 30

Multiple Choice

For which one of the following components is earnings per share information required to be presented on the income statement?

• A) discontinued operations
• B) operating income
• C) income from continuing operations
• D) cumulative effect of a change in accounting principle

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Definitions:

Water Vascular System

A unique hydraulic system used by echinoderms, such as starfish, for locomotion, food and water transportation, and respiration.

Exoskeleton

A rigid external covering for the body in some invertebrate animals, especially arthropods, providing both support and protection.

Bony Tissue

Hard tissue that makes up the skeletal bones in vertebrates, providing support, protection, and enabling mobility.

Echinodermata

A phylum of marine animals characterized by radial symmetry, a water vascular system, and typically a spiny skin.