A Statement of Stockholders' Equity Would Not Include Which Type

question 4

Multiple Choice

A statement of stockholders' equity would not include which type of transaction?

• A)Foreign exchange gain
• B)Treasury stock reacquired by the corporation
• C)Cash dividends declared by the board of directors
• D)Cumulative translation adjustment

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Definitions:

Revenues

The income generated from normal business operations, often from the sale of goods and services to customers.

Nonprofits

Organizations that operate for the promotion of a certain cause or the well-being of a community without the primary goal of financial profit.

Lobby

Lobby refers to the act of attempting to influence the decisions made by officials in the government, most often legislators or members of regulatory agencies.

Worth

The value or importance of something, often determined by its qualities or by the amount of money that it can be sold for.