If Retained Earnings Decreased During the Year,and No Dividends Were

question 66

Multiple Choice

If retained earnings decreased during the year,and no dividends were paid,which of the following must be true?

• A)Expenses for the year exceeded revenues
• B)The company did not have enough cash to pay its expenses
• C)Total equity decreased
• D)Liabilities increased during the year

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Definitions:

Chromosomes

Structures within cells that contain DNA and genetic information, essential for heredity and biological function.

Glucocorticoid

A type of steroid hormone produced by the adrenal glands that regulates metabolism and immune response.

NK Cells

Natural Killer cells, a type of white blood cell that plays a critical role in the body's innate immune system by targeting and destroying virally infected cells and tumor cells.

General Adaptation Syndrome

A three-stage process (alarm, resistance, exhaustion) that describes the physiological changes the body goes through under stress.