The Elements of Financial Statements Include Investments by Owners

question 88

Multiple Choice

The elements of financial statements include investments by owners. These are increases in an entity's net assets resulting from owners'

• A) transfers of assets to the entity.
• B) rendering services to the entity.
• C) satisfaction of liabilities of the entity.
• D) All of these answer choices are correct.

---

Definitions:

Estrogen

A group of hormones responsible for the development and regulation of female sexual characteristics and reproductive system.

Respiratory Effort

The physical exertion required to breathe, which can be increased in conditions affecting lung or chest wall compliance.

Nausea

A feeling of discomfort in the stomach associated with an urge to vomit, often a precursor to vomiting.

First Trimester

The initial phase of pregnancy, covering the first 12 weeks, where significant embryonic and fetal development occurs.