Items Affecting Retained Earnings

question 101

Essay

Items affecting retained earnings
What are the items that increase or decrease retained earnings?

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Definitions:

Fair Competition

A level playing field in business where no one has an unfair advantage, ensuring healthy rivalry among companies.

Global Workforces

Employees located across multiple countries around the world, often emphasizing the diversity and distribution of a company's personnel.

Valued Employees

Individuals within an organization considered essential due to their skills, performance, and contribution to the company's goals.

Marketing Era

A period marked by the evolution of marketing focus from production to product orientation, and eventually to a marketing orientation that emphasizes understanding and satisfying customer needs.