Which of the Following Statements Is Not True About Distributions

question 9

Multiple Choice

Which of the following statements is not true about distributions to owners?

• A)Distributions to owners represent a decrease in equity.
• B)Distributions to owners result from incurring liabilities.
• C)Distributions to owners are included in other comprehensive income.
• D)Distributions to owners result from rendering services.

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Definitions:

Big Five Model

A theory in psychology proposing five core dimensions of human personality: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Tolerant

Characterized by an acceptance or endurance of differing views, beliefs, or behaviors without undue criticism or prejudice.

Extroversion And Sensing

Personality traits that involve being outgoing, energetic, and focusing on the external, tangible world.

Tangible

Refers to something that is touchable, material, or capable of being physically handled or measured.