Which of the following statements is false regarding diluted earnings per share?
A) Reporting diluted earnings per share is required by GAAP when potentially significant dilution of EPS exists.
B) Diluted earnings per share can be used to reflect the extent of potential share dilution.
C) Diluted earnings per share is not reported by some companies.
D) Diluted earnings per share is always the same as basic earnings per share.
Correct Answer:
Verified
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