In Evaluating the Quality of a Company's Earnings,which of the Following

question 132

Multiple Choice

In evaluating the quality of a company's earnings,which of the following factors is least important?

• A)The accounting methods used by management
• B)The trend of the company's earnings over a period of years
• C)The dollar amount of earnings per share
• D)The stability and sources of the company's earnings

---

Definitions:

Contractual Obligation

A duty or commitment that a party is bound to fulfill as per the terms of a contract.

Resurface Driveway

The process of repairing and overlaying the existing pavement of a driveway with new material to restore its surface.

Essential Elements

Fundamental components or factors that are necessary to form or define a particular entity or concept.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a set of rules governing the sale of goods between parties from different countries.