Which statement about the quality of reported EPS is false?
A) Earnings quality assessments are difficult to make and require considerable expertise in accounting and financial analysis.
B) Reported EPS is not the precise figure that it first appears to be.
C) It is necessary to make adjustments to reported EPS figures when making cross-sectional comparisons.
D) Quality of earnings is generally consistent among companies in the same industry.

Question

Quizplus · Accepted Answer

Quality of earnings can vary significantly among companies in the same industry due to differences in accounting policies, management practices, and financial strategies.

Which Statement About the Quality of Reported EPS Is False