Which of the Following Is $\underline{not}$ True Regarding SFAS No

question 49

Multiple Choice

Which of the following is $\underline{not}$ true regarding SFAS No. 128?

• A)Users can now comprehend the effect upon EPS of the full amount of dilution without the presence of the artificial and confusing primary earnings per share calculation.
• B)It brought the US into alignment with virtually all other nations in terms of EPS requirements.
• C)The elimination of primary earnings per share is a case of more information leading to more usefulness.
• D)The FASB and the International Accounting Standards Committee cooperated on the project together.

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Definitions:

Shareholders Communication

The exchange of information between a corporation and its shareholders, often regarding business performance, strategies, and voting matters.

New Office

The recent establishment or setup of a workspace designed to accommodate employees and work activities.

Memos

Brief messages typically used in a business setting for internal communication.

Workplace Correspondence

Communication that takes place in a professional setting, often involving emails, memos, letters, and reports.