Business accounts are getting more and more creative in the way that they calculate earnings. Test your knowledge of the murky world of earnings reports with our OIBDA challenge.
Question 1 of 20
OIBDA is an acronym for which of the following?
Question 2 of 20
How often must publically traded companies issue an earnings report?
Question 3 of 20
What are the three most important pieces of information on an earnings report for stockholders and potential investors?
Question 4 of 20
What does the acronym GAAP stand for in the field of accounting?
Question 5 of 20
For investors, which of the following best represents a company's profitibility?
Question 6 of 20
Which of the following is considered non-operating income?
Question 7 of 20
By ignoring depreciation and amortization, OIBDA leaves out which of the following expenses/losses from earnings reports?
Question 8 of 20
Is OIBDA approved under generally accepted accounting practices?
Question 9 of 20
Why might a CFO of a company argue that OIBDA is the best representation of a company's profitability?
Question 10 of 20
Are OIBDA numbers usually lower or higher than earnings calculated using GAAP methods?
Question 11 of 20
What does the acronym EBITDA stand for?
Question 12 of 20
Is the use of non-GAAP figures in an earnings report a bad or good sign for investors?
Question 13 of 20
Which of the following acronyms is NOT a method for calculating earnings?
Question 14 of 20
Can the difference between OIBDA and standard earnings calculations be the difference between profit and loss?
Question 15 of 20
True or false: "Good will" is a business expense that can be amortized.
Question 16 of 20
Generally accepted accounting principles are set by which organization?
Question 17 of 20
What does the acronym EPS stand for on earnings reports?
Question 18 of 20
What exactly is the "interest" that is referred to in earnings before interest and taxes (EBIT)?
Question 19 of 20
Which of the following business expenses would NOT qualify for depreciation?
Question 20 of 20