How Do Revenues for a Period Relate to the Beginning

question 32

Multiple Choice

How do revenues for a period relate to the beginning and ending balances in retained earnings?

• A) Revenues less expenses will either increase or decrease the ending balance of retained earnings for the period.
• B) Revenues will increase the beginning balance of retained earnings for the period.
• C) Revenues will decrease the beginning balance of retained earnings for the period.
• D) Revenues less expenses will either increase or decrease the beginning balance of retained earnings for the period.

---

Definitions:

Visual Field

The entire area that can be seen when the eyes are focused on a central point.

Top-down Processing

Cognitive processing that begins with thoughts or higher-level functions before receiving sensory input.

Monocular Depth Cues

Visual information that allows one eye to perceive depth and distance, such as texture gradient, interposition, and linear perspective.

Bottom-up

An approach to processing information that starts with small, individual elements or details and integrates them to comprehend the whole.