When Preparing the Balance Sheet,the Final Balancing Element of the Balance

question 122

Multiple Choice

When preparing the balance sheet,the final balancing element of the balance sheet is:

• A)Cash.
• B)Net income.
• C)Retained earnings.
• D)Dividends.

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Definitions:

Mood

Mood denotes a temporary state of emotion or feeling that influences an individual's perception and interactions with the world around them.

Subjective

Based on or influenced by personal feelings, tastes, or opinions rather than external facts.

Schachter-Singer

Two psychologists who proposed a theory of emotion, suggesting that physiological arousal is interpreted in the context of environmental cues to produce emotional experience.

Two-Factor Theory

A theory proposed by Herzberg that explains job satisfaction and motivation by categorizing workplace factors into hygiene factors and motivators.