Which of the Following Statements Is False

question 31

Multiple Choice

Which of the following statements is false?

• A) A positive net income results in an increase in retained earnings.
• B) The ending retained earnings balance from the statement of retained earnings is reported on the balance sheet.
• C)The change in the cash balance on the statement of cash flows added to the beginning cash balance equals the ending cash balance.
• D)The dividends reported on the statement of retained earnings are also reported as dividend expense on the income statement.

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Definitions:

Political Administration

The organization and management of government affairs and the implementation of public policy by officials within a political system or framework.

Reed Stylus

A tool made from a reed plant used for writing on papyrus or other materials in ancient times.

Monosyllabic

Referring to words composed of a single syllable, often used to describe languages or speech patterns.

Polysyllabic

Describing words that contain more than one syllable, indicating a complexity in pronunciation or linguistic structure.