Which of the Following Changes in Retained Earnings During a Period

question 206

Multiple Choice

Which of the following changes in retained earnings during a period will be reported in the financing activities section of the statement of cash flows?

• A) Declaration of a cash dividend paid during the period.
• B) Net income for the period.
• C) Neither declaration of a cash dividend paid during the period nor net income for the period.
• D) Both declaration of a cash dividend paid during the period and net income for the period.

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Definitions:

Scientific Management

A management theory developed by Frederick W. Taylor that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Labor-Management Relations

The interactions between employers and employees, or their representatives, regarding workplace decisions, grievances, working conditions, and employment terms.

Pressuring Union

The act of applying influence or pressure on a labor union by employers, government bodies, or other entities to secure desired outcomes.

Wage Concessions

Agreements where employees accept lower wages, often in exchange for job security or other benefits, typically during negotiations or economic downturns.