Basic and diluted earnings per share data is required to be reported:
A)In disclosure notes to the financial statements.
B)Only if it adds to the relevance of the income statement.
C)In the summary section of the annual report.
D)On the face of the income statement.

Question

Quizplus · Accepted Answer

Basic and diluted earnings per share must be presented on the face of the income statement as per accounting standards.

Basic and Diluted Earnings Per Share Data Is Required to Be