Which of the Following Items Has No Effect on Retained

question 61

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:

Total Revenues

The complete amount of income generated by a business from its sales or services before any expenses are subtracted.

Entrepreneurial Talent

The unique skills, creativity, and innovative capabilities that entrepreneurs bring to create and manage new ventures, driving economic growth.

Explicit Costs

Direct, out-of-pocket payments for resources employed in the production process.

Opportunity Cost

The cost of an alternative that must be forgone to pursue a certain action, representing the benefits you could have received by taking an alternative action.