Which of the Following Items Will NOT Appear in the Retained

question 121

Multiple Choice

Which of the following items will NOT appear in the retained earnings statement?

• A) net loss
• B) correction of an error
• C) change in accounting estimates
• D) stock dividends

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Definitions:

Medicare, Medicaid

Federal programs in the United States that provide health coverage; Medicare is for people over 65 or with certain disabilities, and Medicaid is for low-income individuals and families.

Malpractice Insurance

A type of professional liability insurance that protects healthcare providers against claims of negligence or incompetence.

Economic Growth

A growth in an economy's ability to generate goods and services over different time periods.

Standard Workweek

Refers to the officially set or commonly accepted number of working hours per week for full-time employment in a specific jurisdiction or organization.