A company that reports a discontinued operation item must also report earnings per share for the item.

Name: A company that reports a discontinued operation item must also report earnings per share for the item.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a company reports a discontinued operation item on its financial statements, it must disclose the earnings per share impact of the item. This is required by accounting standards to provide investors with a clearer picture of the company's financial performance. So, the statement is true.

A Company That Reports a Discontinued Operation Item Must Also