Which of the Following Balance-Sheet Accounts Will Not Be Affected

question 61

Multiple Choice

Which of the following balance-sheet accounts will not be affected when there is a reduction in the number of outstanding shares?

• A) Retained earnings
• B) Additional paid-in capital
• C) Common shares (valued at par value)
• D) Treasury shares at cost

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Definitions:

Responsibility Matrix

A tool often used in project management to define and document the roles and responsibilities of individuals or teams for various project tasks.

Organizational Chart

A visual representation of the structure of an organization, showing the relationships and relative ranks of its parts and positions/jobs.

Flow Chart

A diagram that depicts the steps in a process, showing how tasks or operations are interconnected.

Milestone Completion

The achievement of a significant stage or event in a project, often used as a marker for progress tracking and reporting.