Which of the following is not required by generally accepted accounting principles?
A) Statement of cash flows
B) Earnings per share
C) Cash per share
D) Disclosure in notes to financial statements of the projected benefit obligation of a defined-benefit pension plan

Question

Quizplus · Accepted Answer

Generally accepted accounting principles do not require a calculation of cash per share. However, they do require a statement of cash flows (A), earnings per share (B), and disclosure in notes to financial statements of the projected benefit obligation of a defined-benefit pension plan (D).

Which of the Following Is Not Required by Generally Accepted