Which of the Following Would Be Increased by an Accounting

question 23

Multiple Choice

Which of the following would be increased by an accounting policy change involving the declaration of a final dividend?

• A) expense
• B) revenue
• C) net profit
• D) there would be no effect on net profit.

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Definitions:

Market Price

The existing rate at which a service or commodity can be acquired or disposed of.

Earnings Per Share

The portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of a company's profitability.

Corporate Income Statement

is a financial document that outlines a corporation’s revenues, expenses, and profits or losses over a specific period.

Income From Continuing Operations

The earnings generated from a company's ongoing core business operations, excluding extraordinary items.