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:

Regional

Pertaining to or characteristic of a specific geographic area or region, often used to describe businesses, cuisines, languages, or cultures unique to that area.

Economic

Pertaining to the production, distribution, and consumption of goods and services, or the material welfare of humans.

Political

Relating to the government or public affairs of a country.

National

Pertaining to or characteristic of a whole nation or country, as opposed to local or regional characteristics.