Which of the Following Is False Concerning the Statement of Stockholders

question 52

Multiple Choice

Which of the following is false concerning the statement of stockholders' equity?

• A)IFRS require a statement of stockholders' equity.
• B)U)S.GAAP do not require a statement of stockholders' equity.
• C)Net income and dividends close into Retained Earnings.
• D)Other comprehensive income and retirement of repurchased shares close into Accumulated Other Comprehensive Income.

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Definitions:

End State

The final condition or situation that is the goal or result of a process, often considered in the context of problem-solving and decision-making.

Strategies

Plans of action designed to achieve a long-term or overall aim.

Goal

In learning and cognitive approaches to personality, a desired end state that serves to direct perception, thought, and behavior.

Power Motivation

The drive to influence others or seek positions of authority and control, regarded as a fundamental aspect of human behavior.