Using the Legend Provided, Classify Each Statement Accordingly

question 25

Short Answer

Using the legend provided, classify each statement accordingly. In all cases, assume that taxable income is being adjusted to arrive at current E & P for 2018.
a. Increase
b. Decrease
c. No effect
-Cash dividends distributed to shareholders in 2018.

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Definitions:

Bureaucracy

A system of administration characterized by strict policies, procedures, and hierarchy, often within a government or large organization.

Technical Competence

The skill and knowledge required to proficiently perform specific tasks, often related to a particular field of work or study.

Unity of Command Principle

The principle that each employee should report to only one manager, to prevent confusion and conflict.

Principle of Motion Study

A technique that aims to improve efficiency by breaking down work into its fundamental motions and eliminating those that are unnecessary.