Which of the Following Items Has No Effect on Stockholders

question 94

Multiple Choice

Which of the following items has no effect on stockholders' equity?

• A) Land purchased
• B) Revenue
• C) Expense
• D) Dividend declared and paid

---

Definitions:

Socially Responsible

Describes businesses or practices that operate in a manner that considers the welfare of society and the environment.

Roofing Company

A business that specializes in the installation, repair, and maintenance of roofs on buildings and homes.

Deposit

A sum of money placed in a bank account or with a financial institution as a part of a transaction or as security.

Unethical Decision

Choices that violate moral principles and do not conform to accepted standards of conduct.