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Research has many applications toward professional practice decisions, and professionals have a responsibility to engage in it through various roles. Which of the following reasons would not be a reason to participate with a research role?
Prior Period Adjustments
Corrections of errors in previously issued financial statements for periods that have already been reported.
Retained Earnings
The portion of a company's net income that is kept within the company rather than distributed to shareholders as dividends.
Net Income
After-tax and expense deductions from total revenue, the remaining profits of a company.
Cash Dividends
Cash distributions given by a company to its stockholders out of its earnings.
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