Which of the Following Items Affecting Retained Earnings During a Period

question 119

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)net income for the period only
• C)both cash dividends paid and net income for the period
• D)neither cash dividends paid nor net income for the period

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Definitions:

Learning

Learning is a process through which experience or practice leads to a relatively permanent change in behavior or knowledge, encompassing a wide range of cognitive, emotional, and environmental influences.

Sensory Registers

A memory system that temporarily holds information from the sensory systems, allowing it a brief opportunity to be processed further.

Sensory Information

Data that is collected by the senses (sight, smell, touch, taste, and hearing) and sent to the brain for processing, interpretation, and response.

External World

Everything that exists outside the mind, including physical objects, events, and other people, as perceived through the senses.