Which of the Following Would Not Affect the Balance of the Retained

question 7

Multiple Choice

Which of the following would not affect the balance of the Retained Earnings account?

• A)Stock split
• B)Net loss
• C)Cash dividend declared
• D)Stock dividend declared

---

Definitions:

Hang Seng

The Hang Seng Index is a freefloat-adjusted market-capitalization-weighted stock-market index in Hong Kong, used to record and monitor daily changes of the largest companies of the market.

Repurchase Agreements

Short-term loans where securities are sold with an agreement to repurchase them at a higher price at a future date, often used for raising short-term capital.

T-bills

Short-term U.S. government debt obligations known for their safety and liquidity, maturing in one year or less.

Money Market Mutual Funds

Investment funds that invest in short-term debt securities, providing investors with high liquidity and a relatively safe investment.