Which of the following statements is not true? ...

60.1K

Verified Solution

Question

Accounting

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.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students