The Financial Statement That Summarizes the Changes in Retained Earnings

question 130

Multiple Choice

The financial statement that summarizes the changes in retained earnings for a specific period of time is the

• A)balance sheet.
• B)income statement.
• C)statement of cash flows.
• D)retained earnings statement.

---

Definitions:

Iterator

An object that enables the traversal of a container, particularly lists and sets, and allows the programmer to access each element in the container without exposing its underlying structure.

Container

In programming, a structure that holds multiple elements, often of similar types, providing various methods for storage and retrieval.

For-each Loops

A control flow statement for traversing items in a collection or array, providing a simpler and more readable way to iterate through the elements without using an index variable.

Collection Classes

Classes in programming that are used to store and manage groups of objects, such as lists, sets, and maps.