Which of the Following Statements Is Not True

question 26

Multiple Choice

Which of the following statements is not true?

• A) When net income is positive, revenue is greater than expenses.
• B) When net income is negative, retained earnings decreases, all other things equal.
• C) When net income is positive, stockholders' equity increases, all other things equal.
• D) When net income is negative there can be no dividends declared.

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Definitions:

Farsighted

The ability to anticipate and consider future trends, impacts, or results in decision-making and planning.

American Managers

Individuals in the United States who are responsible for directing and overseeing the operations and employees within an organization, characterized by a particular style influenced by American culture and business practices.

Strategic Farsightedness

The ability to anticipate future trends, challenges, and opportunities and develop long-term plans to guide an organization's direction successfully.

Labor

The physical and mental effort expended by individuals in the production of goods and services.