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1. Which of the following is an example of a non-GAAP measure of revenue used in...

1. Which of the following is an example of a non-GAAP measure of revenue used in financial reporting?

a. AICPA

b. EBITDA

c. DEBITA

d. ETIBD

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Answer #1

Solution: EBITDA

Explanation: Example of non-GAAP financial measures include earnings earnings before interest, taxes, depreciation, and amortization (EBITDA), before interest and taxes (EBIT), free cash flows, adjusted revenues, funds from operations, and core earnings.

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