Which of the Following Items Has No Effect on Retained

question 44

Multiple Choice

Which of the following items has no effect on retained earnings?

• A)expenses
• B)dividends declared
• C)revenues
• D)hiring a new employee

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Definitions:

Operations Charts

Graphical representations used in business and engineering to outline the steps involved in a process or a system, highlighting interactions and workflows.

Formal Structures

The officially designated channels of communication and authority within an organization, typically outlined in organizational charts and manuals.

Line Units

Are workgroups that conduct the major business of the organization.

Accounting

The systematic recording, analyzing, and reporting of financial transactions pertaining to a business.