Which of the Following Items Affects Total Shareholders' Equity Without

question 126

Multiple Choice

Which of the following items affects total shareholders' equity without being reported on the income statement?

• A)purchase of treasury stock
• B)extraordinary items
• C)discontinued operations
• D)repayment of long-term debt

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Definitions:

Growth

The process of increasing in physical size, psychological maturity, or progress in developmental stages.

Consistencies

The quality of being uniform, coherent, and free from contradiction over time or in different situations.

Variabilities

The extent to which data points in a given set differ from each other and from their average.

Oedipal Complex

A concept in psychoanalytic theory referring to a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.