Which of the Following Statements Is True? the Measure of Earnings

question 24

Multiple Choice

Which of the following statements is true? The measure of earnings used in calculating basic earnings per share:

• A)must be determined after deducting dividends paid to ordinary shareholders
• B)must exclude all extraordinary items
• C)must exclude profit allocated to non-controlling interest
• D)is always equal to period profit or loss

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Definitions:

Relationships

Connections between individuals or groups characterized by emotional, social, or cooperative interactions.

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity.

Stranger

In sociological terms, a person who is not a member of a given community or society, but who is present within it, bringing a potential for both creativity and disruption.

Intimate Knowledge

Deep, personal understanding of a subject or another person, often gained through close relationships or extensive experience.