Which of the Following Items Affecting Retained Earnings During a Period

question 14

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

---

Definitions:

Koenig's Continuum

A model that outlines the spectrum of community engagement approaches, from informal volunteering to formal nonprofit organizations.

Nonprofit Evolution

The process by which nonprofit organizations adapt and change over time to meet emerging societal needs and challenges.

U.S. Nonprofit Sector

The segment of the United States economy composed of organizations that operate for public or social benefit rather than for profit, including charities, foundations, and advocacy groups.

International Classification

A system used to categorize entities or information on a global scale, making international coordination and analysis possible.