Which of the Following Statements Is False

question 31

Multiple Choice

Which of the following statements is false?

• A) A positive net income results in an increase in retained earnings.
• B) The ending retained earnings balance from the statement of retained earnings is reported on the balance sheet.
• C)The change in the cash balance on the statement of cash flows added to the beginning cash balance equals the ending cash balance.
• D)The dividends reported on the statement of retained earnings are also reported as dividend expense on the income statement.

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Definitions:

Forensic Archaeologist

A specialist who applies archaeological methods and principles to legal cases, often in the recovery and analysis of human remains and environmental evidence.

Datum Point

The starting point or reference for a grid system.

Grid System

A system for recording data from an archaeological excavation into three dimensions.

Relative Date

A method of dating that determines the age of an artifact, feature, or site in comparison or relation to other objects or stratigraphic layers rather than in absolute calendar years.