Retained Earnings Reported on the Statement of Financial Position at December

question 29

Multiple Choice

Retained earnings reported on the statement of financial position at December 31, 2014 is

• A) €330,000.
• B) €252,000.
• C) €168,000.
• D) €162,000.

---

Definitions:

Activities

Tasks or actions that are carried out by individuals, often for the purpose of leisure, personal gratification, or goal achievement.

Conscience

The internal aspect of an individual that reflects on and judges the morality of that individual's actions.

Superego

The part of the personality in Freudian psychoanalytic theory that represents internalized societal standards of right and wrong.

Disapproved

The state of being opposed or objected to, often as a result of not meeting certain standards or expectations.