Multiple Choice
A company issues bonus shares for no consideration on 1 August 2014. For the reporting period ended 30 June 2015, the calculation of:
A) only basic earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements
B) only the diluted earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements
C) both basic earnings per share and diluted earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements
D) both basic earnings per share and diluted earnings per share may be adjusted retrospectively at the option of the entity for all periods that are presented in the financial statements
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Disclosure of related parties is essential in
Q18: Earnings per share is calculated by:<br>A) dividing
Q19: If an entity chooses to apply the
Q20: Earnings per share disclosed by reporting entities
Q21: EPS refers to:<br>A) equity per share<br>B) earnings
Q23: Paragraphs 70-73 of IAS 33 prescribe various
Q24: Earnings per share is calculated by comparing
Q25: Willow Limited and Rupert Limited are the
Q26: Aladdin is the owner and founder of
Q27: The contractually agreed sharing of control over