The use of non-GAAP measures is unethical if: A. it is intended to meet Earnings per...
The use of non-GAAP measures is unethical if:
A. it is intended to meet Earnings per Share estimates
B. it is based on one-time gains
C. it shifts expenses from one period to another
D. it is harder for investors to interpret
Homework Answers
The answer is
C. it shifts expenses from one period to another
Shifting of expenses will lead to distortion of net income figures for the investors and is hence, unethical
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The use of non-GAAP measures is unethical if:
A. it is intended to meet Earnings per...
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