Which of the Following Is a Correct Fundamental Accounting Equation

question 144

Multiple Choice

Which of the following is a correct fundamental accounting equation?

• A) assets + liabilities = shareholders' equity
• B) assets + retained earnings = shareholders' equity
• C) assets + shareholders' equity = liabilities
• D) assets = liabilities + shareholders' equity

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Definitions:

CEOs

Chief Executive Officers, the highest-ranking executives in companies, responsible for making major corporate decisions, managing overall operations, and acting as the main point of communication between the board of directors and corporate operations.

Total Compensation

The complete reward package provided to an employee, including base salary, bonuses, benefits, and any other financial remunerations.

Confidence Interval

A range of values within which there is a specified probability that the true parameter value lies.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the true population parameter.