Retained Earnings as Shown on the Balance Sheet Can, Under

question 8

True/False

Retained earnings as shown on the balance sheet can, under certain circumstances, show a negative balance.

---

Definitions:

NEPA

The National Environmental Policy Act, a U.S. environmental law that promotes the enhancement of the environment and established the President's Council on Environmental Quality (CEQ).

National Environmental Policy

A comprehensive framework established by a government to regulate activities and enforce standards that protect the environment.

Environmental Hazards

Potentially dangerous conditions or substances in the environment that can cause harm to humans, animals, or the ecosystem, ranging from chemical pollutants to natural disasters.

EPA Administrator

The chief executive officer of the Environmental Protection Agency, responsible for enforcing the nation's environmental laws.