Which of the following is NOT required by generally accepted accounting principles?
A) Statement of cash flows
B) Earnings per share
C) Cash per share
D) Disclosure in notes to financial statements of the projected benefit obligation of a defined-benefit pension plan

Question

Quizplus · Accepted Answer

While a statement of cash flows and earnings per share are required under GAAP, cash per share is not a recognized financial statement. Additionally, while disclosure of pension plan obligations is required, it is not specifically required to be disclosed in the notes to the financial statements.

Which of the Following Is NOT Required by Generally Accepted