Which of the Following Would Immediately Cause a Change in a Corporation's

question 16

Multiple Choice

Which of the following would immediately cause a change in a corporation's retained earnings?

• A)Net income or net loss and declaration of dividends.
• B)Declaration of dividends and issuance of stock to new stockholders.
• C)Net income and issuance of stock to new stockholders.
• D)Declaration of dividends and purchase of new machinery.

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Definitions:

Discriminatory Treatment

occurs when individuals or groups are treated unjustly or less favorably than others based on characteristics such as race, gender, age, or religion.

Civil Rights Act

A significant legal measure in the United States that prohibits discrimination on the basis of race, color, religion, sex, or national origin.

Regents of the University of California V. Bakke

A landmark 1978 Supreme Court case that ruled against the use of strict racial quotas in college admissions but upheld the use of race as one factor among many in admissions decisions.

University Admissions

The process through which students enter tertiary education at universities and colleges.