A Restriction/appropriation of Retained Earnings

question 152

Multiple Choice

A restriction/appropriation of retained earnings

• A) decreases total assets
• B) increases total retained earnings
• C) decreases total retained earnings
• D) has no effect on total retained earnings

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Definitions:

Psychological Development

The process of growth and change in an individual's mental functions, abilities, and emotional development throughout the lifespan.

Erik Erikson

Erik Erikson was a developmental psychologist and psychoanalyst known for his theory on the psychological development of human beings.

Status Offense

An action that is considered a violation of the law only because of the offender’s status as a minor, such as truancy or running away from home.

Running Away

An act often associated with children or adolescents leaving home or a care situation, typically to escape perceived issues or conflicts.