When Preparing the Balance Sheet,the Final Balancing Element of the Balance

question 17

Multiple Choice

When preparing the balance sheet,the final balancing element of the balance sheet is:

• A)Cash.
• B)Net income.
• C)Retained Earnings.
• D)Dividends.

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Definitions:

Human Resource Practices

The strategies, policies, and procedures implemented by an organization to manage its employees effectively.

Organizational Productivity

The measure of how efficiently and effectively an organization uses its resources to achieve its goals, often reflected in its output or achievements.

Stakeholders

Individuals or groups that have an interest in the activities and outcomes of a business or project and can be affected by its performance.

Task Environment

This term describes the immediate surroundings, conditions, and variables that directly impact an organization's operations and performance.