How Is the Consolidated Ending Retained Earnings Balance Calculated

question 14

Multiple Choice

How is the consolidated ending retained earnings balance calculated?

• A)Add together the ending retained earnings of all the affiliated companies.
• B)Add the beginning consolidated retained earnings to consolidated net income and subtract the parent company's dividends declared.
• C)Adjust the parent company's opening retained earnings for the subsidiary's profits and dividends.
• D)Adjust the parent company's ending retained earnings for the subsidiary's profits and dividends.

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Definitions:

Unconscious Conflict

Psychological struggles within the unconscious mind, often stemming from repressed thoughts or feelings, that can influence behavior and emotions.

Id

In psychoanalytic theory, the part of the human personality that is driven by innate instinctual impulses and primary processes.

Superego

In psychoanalytic theory, the part of the personality that represents internalized ideals and provides standards for judgment and future aspirations.

Humanistic Psychologists

Psychologists who focus on the individual's potential for personal growth and the importance of self-perception in understanding behavior.