Which One of the Following Will Increase Consolidated Retained Earnings

question 44

Multiple Choice

Which one of the following will increase consolidated retained earnings?

• A)An increase in the value of goodwill associated with a subsidiary subsequent to the parent's date of acquisition
• B)The amortization of a $10,000 excess in the fair value of a note payable over its recorded book value
• C)The depreciation of a $10,000 excess in the fair value of equipment over its recorded book value
• D)The sale of inventory by a subsidiary that had a $10,000 excess in fair value over recorded book value on the parent's date of acquisition

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Definitions:

Quality Improvement

Monitoring and evaluation of processes and outcomes in health care or any other business to identify opportunities for improvement.

QSEN Competency

Quality and Safety Education for Nurses, competencies that focus on the preparation of nurses with the knowledge, skills, and attitudes necessary for continuously improving the quality and safety of the healthcare systems within which they work.

Accountability

State of being answerable for one's actions—a nurse answers to himself or herself, the patient, the profession, the employing institution such as a hospital, and society for the effectiveness of nursing care performed.

Fluid Status

A medical term referring to the balance of fluids within the body, including hydration levels and distribution of fluids in tissues.