Retained Earnings at the End of the Period Is Equal

question 63

Multiple Choice

Retained earnings at the end of the period is equal to:

• A)assets plus liabilities.
• B)profit earned for the period plus retained earnings at the start of the period.
• C)retained earnings at the beginning of the period plus profit earned for the period minus dividends.
• D)retained earnings at the beginning of the period plus profit earned for the period minus liabilities.

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Definitions:

DSL

Stands for Digital Subscriber Line, a technology for bringing high-bandwidth information to homes and small businesses over ordinary copper telephone lines.

LAN

A Local Area Network (LAN) is a computer network that interconnects computers within a limited area such as a residence, school, laboratory, or office building.

Ethernet

A common local area network protocol.

WAN

Wide Area Network, a computer network that extends over a large geographical area, connecting multiple smaller networks such as local area networks (LANs).