M17-O3-EPS 2009: 1. Which of the following statements is not true? Every company listed on the US stock markets should

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M17-O3-EPS 2009:1. Which of the following statements is not true?
Every company listed on the US stock markets should report thebasic and diluted EPS
If managers cannot meet a forecasted EPS in themarket, they are willing to change firm's operation to meet or beatit.
EPS is one of the most popular performance measures that areused in the market because it cannot be manipulated bymanagers.
Sometimes managers release a forecast of EPS and it may causemanagerial short-termism.
2.
M18-O1-Comprehensive 2009:Which of the following statements is not true?
Under US GAAP, comprehensive income is required to bereported because I/S cannot catch all wealth changes for theyear.
Comprehensive income is based on capital maintenanceconcept.
Comprehensive income could be reported in the statement ofshareholders' equity.
Comprehensive income is defined as a "change in equity (netassets) of a business for a period.