If the Retained Earnings Account Increases from the Beginning of the Year

question 64

Multiple Choice

If the retained earnings account increases from the beginning of the year to the end of the year, then

• A)net income is less than dividends.
• B)a net loss is less than dividends.
• C)additional investments are less than net losses.
• D)net income is greater than dividends.

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Definitions:

Retirement

The act of leaving one's job and ceasing to work, typically due to age or health reasons, often requiring financial planning.