Which of the following statements is not true?
a.
Sometimes managers release a forecast of EPS and it may cause managerial short-termism.
b.
If managers cannot meet a forecasted EPS in the market, they are willing to change firm's operation to meet or beat it.
c.
Every company listed on the US stock markets should report the basic and diluted EPS
d.
EPS is one of the most popular performance measures that are used in the market because it cannot be manipulated by managers.
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