Which One of the Following Statements Concerning Earnings Per Share

question 78

Multiple Choice

Which one of the following statements concerning earnings per share amounts is true?

• A)Earnings per share related to discontinued operations must be reported on the income statement.
• B)Earnings per share related to extraordinary items must be reported on the income statement.
• C)Earnings per share related to continuing operations must be reported on the income statement.
• D)Earnings per share related to the cumulative effect of a change in accounting principle must be reported on the income statement.

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