Non-GAAP measures are
A)management-defined measures of financial performance that are not usually found in the management discussion and analysis section of a public company's annual or quarterly report.
B)management-defined measures of financial performance that are not included in accounting standards.
C)included in accounting standards but are specifically non-financial in nature.
D)management-defined measures of non-financial performance that are not included in accounting standards.

Question

Non-GAAP measures are 
A)management-defined measures of financial performance that are not usually found in the management discussion and analysis section of a public company's annual or quarterly report.
B)management-defined measures of financial performance that are not included in accounting standards.
C)included in accounting standards but are specifically non-financial in nature.
D)management-defined measures of non-financial performance that are not included in accounting standards.

Quizplus · Accepted Answer

Non-GAAP measures are financial performance metrics that are not defined by generally accepted accounting principles (GAAP). They are created by management to provide additional insight into the company's performance from their perspective, but they do not conform to any specific accounting standard.

Non-GAAP Measures Are