5. Which of the following is incorrect regarding inclusion or shares in the weighted average number of shares? d. Ordinary shares issued as a result of the conversion of a debt instrument to ordinary shares are included from the date that interest ceases to accrue. b. Ordinary shares issued in exchange for the settlement of a lnability of the entity are included from the settlement date. C. Ordinary shares issued for the rendering of services to the entity are included as the services are rendered. d. Ordinary shares issued in exchange for cash are included when cash is received.
5. Which of the following is incorrect regarding inclusion or shares in the weighted average number of shares? d. Ordinary shares issued as a result of the conversion of a debt instrument to ordinary shares are included from the date that interest ceases to accrue. b. Ordinary shares issued in exchange for the settlement of a lnability of the entity are included from the settlement date. C. Ordinary shares issued for the rendering of services to the entity are included as the services are rendered. d. Ordinary shares issued in exchange for cash are included when cash is received.
6. The weighted-average number of shares outstanding during the period and for all the periods presented (other than the conversion of potential ordinary shares) shall be adjusted for a. Any change in the number of ordinary shares without a change in resources. b. Any prior-year adjustment. C. Any new issue of shares for cash. d. Any convertible instruments settled in cash.
7. If a bonus issue occurs between the year-end and the date that the financial statements are authorized, then a. EPS both for the current and the previous year are adjusted b. EPS for the current year only is adjusted C. No adjustment is made to EPS d. Only the diluted EPS is adjusted
8. If a new issue of shares for cash is made between the year-end and the date that the financial statements are authorized, then a. EPS for both the current and the previous year are adjusted. b. EPS for the current year only is adjusted C. No adjustment is made to EPS. d. Only the diluted EPS is adjusted
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