1. Earnings per share is calculated before accounting for which of the following items? a. Preference dividend for the period. b. Ordinary dividend. c. Taxation d. Minority interest 2. Ordinary shares issued as part of a business combination are included in the EPS calculation in the case of the "purchase" method from a. The beginning of the accounting period. b. The date of acquisition. c. The end of the accounting period. d. The midpoint of the accounting year. 3. Dilution of EPS is defined in IAS 33 as a. A decrease in earnings per share when any financial instrument is converted to any form of share capital. b. A decrease in share capital. c. A decrease in earnings per share when convertible instruments are converted to ordinary shares. d. A decrease in earnings per share when share capital is converted to debt capital. 4. Which of the following is not an example of potential ordinary shares? a. Financial liabilities that are convertible into ordinary shares. b. Share options. (c) Contingently issuable shares. (d) Cancelled treasury shares