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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Definitions:

Lnc RNAs

Long non-coding RNAs, a type of RNA which does not code for protein but plays various roles in regulating gene expression at the chromatin level.

PolyA Tail

A stretch of adenine nucleotides attached to the 3' end of eukaryotic mRNA molecules, aiding in their stability and translation.

Introns

Regions of an RNA transcript, or its DNA template, which are removed before the RNA is translated into a protein, and do not code for protein.

Transcription

The process by which the information in a strand of DNA is copied into a new molecule of messenger RNA.