Which of the Following Items Affecting Retained Earnings During a Period

question 107

Multiple Choice

Which of the following items affecting retained earnings during a period could be reported in the financing activities section of the statement of cash flows?

• A)cash dividends paid only
• B)profit for the period only
• C)both cash dividends paid and profit for the period
• D)neither cash dividends paid nor profit for the period

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Definitions:

Standard Deviation

Standard deviation measures the amount of variation or dispersion of a set of values from the mean, indicating how spread out the data points are.

Yachts

Luxurious vessels used for personal or sporting purposes, often associated with leisure sailing or racing.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much individual values deviate from the mean.

Correlation

A statistical measure that expresses the extent to which two variables change together, indicating a relationship but not causation.