Restrictions on Retained Earnings

question 139

Multiple Choice

Restrictions on retained earnings:

• A)require adjusting journal entries.
• B)are usually reported in the notes to the financial statements.
• C)are reported on the income statement.
• D)are designed to maximize dividends paid to shareholders.

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Definitions:

Personality Test

An assessment tool designed to measure and evaluate a person's character or psychological makeup.

Reliability

In measurement, the tendency of an instrument to provide the same comparative information on repeated occasions.

Generalizability

The degree to which a measurement can be found under diverse circumstances, such as time, context, participant population, and so on. In modern psychometrics, this term includes both reliability and validity.

Reliability

In statistics and psychometrics, it refers to the consistency and dependability of a test, measurement, or evaluation over time.