When Preparing the Retained Earnings Statement, ________ Is(are) Subtracted in Order

question 39

Multiple Choice

When preparing the retained earnings statement, ________ is(are) subtracted in order to derive at the ending balance of retained earnings.

• A) net profits after taxes
• B) interest expense
• C) depreciation
• D) dividends

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Definitions:

Premack Principle

A psychological principle suggesting that more probable behaviors can reinforce less probable behaviors if the more probable behavior is performed after the less probable one.

Complementary Traits

Characteristics or qualities in individuals that, when combined, enhance mutual compatibility and effectiveness in relationships or team dynamics.

Dominant

Referring to a trait that supersedes another inherited trait in the phenotype of an organism.

Submissive

Ready to conform to the authority or will of others; meekly obedient or passive.