Which of the Following Would Not Be Shown on the Statement

question 30

Multiple Choice

Which of the following would not be shown on the statement of retained earnings?

• A) declaration of a cash dividend
• B) declaration of a stock dividend
• C) an appropriation for plant expansion
• D) the purchase of treasury stock

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Definitions:

Itinerant Seller

A seller who moves from place to place to sell goods or services, often without a fixed retail location.

Fixed Place of Business

A specific location where a company conducts its operations and business activities on a regular basis.

Legislation

Laws that have been enacted by a legislative body, such as a parliament or congress.

Physical Threats

Explicit or implicit actions suggesting the intent to cause bodily harm to another person.