Which of the Following Items Will NOT Appear in the Retained

question 121

Multiple Choice

Which of the following items will NOT appear in the retained earnings statement?

• A) net loss
• B) correction of an error
• C) change in accounting estimates
• D) stock dividends

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Definitions:

Standard of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Productivity

The measure of the efficiency of production, often defined as the ratio of output produced to inputs used.

Net Exports

The value of a country's total exports minus its total imports, reflecting the balance of trade.

Capital Deepening

An increase in the amount of capital per worker; one source of rising labor productivity.