In the Statement of Cash Flows, Changes in Retained Earnings

question 148

Multiple Choice

In the statement of cash flows, changes in retained earnings are reported as two separate line items, which are __________ and ___________.

• A)revenues and expenses
• B)assets and liabilities
• C)depreciation and amortization
• D)net profits and dividends
• E)none of the above

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Definitions:

Cultural Levels

The different layers of culture that an individual belongs to, from personal beliefs to global cultures, each influencing one's identity and behavior.

Technical Culture

The customs, practices, and values that characterize a particular group or organization engaged in technical work.

Informal Culture

The unspoken, unofficial, and often unintended behaviors, traditions, and rituals that organically develop within an organization.

Cultural Levels

The various strata within cultures that influence social behavior and interactions, ranging from national norms to individual values and beliefs.