Under the Provisions of Australian Accounting Standard AASB 133,a Basic

Multiple Choice

Under the provisions of Australian Accounting Standard AASB 133,a basic earnings per share is calculated as:

A) profit or loss including extraordinary items and after income tax expense ÷ weighted average number of ordinary shares outstanding during the reporting period
B) profit or loss excluding extraordinary items and before income tax expense ÷ weighted average number of ordinary shares outstanding during the reporting period
C) profit or loss including extraordinary items but before income tax expense ÷ weighted average number of ordinary shares outstanding during the reporting period
D) profit or loss before income tax expense ÷ weighted average number of ordinary shares outstanding during the reporting period