Which of the following is not true regarding SFAS No. 128?
A) Users can now comprehend the effect upon EPS of the full amount of dilution without the presence of the artificial and confusing primary earnings per share calculation.
B) It brought the United States into alignment with virtually all other nations in terms of EPS requirements.
C) The elimination of primary earnings per share is a case of more information leading to more usefulness.
D) The FASB and the International Accounting Standards Committee cooperated on the project together.
Correct Answer:
Verified
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