AICPA Exam CPA-Financial Topic 3 Question 29 Discussion

Actual exam question for AICPA's CPA-Financial exam

Question #: 29
Topic #: 3

Earnings per share data should be reported on the income statement for:

AOption A

BOption B

COption C

DOption D

Show Suggested Answer

Suggested Answer: B

Choice 'b' is correct. Yes - Yes.

Both the 'extraordinary items' and 'income before extraordinary items' should be shown with an earnings per share number on the income statement.

by Johnna at May 07, 2022, 02:13 AM

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