The Gross Increases in Retained Earnings Attributable to Business Activities

question 167

Multiple Choice

The gross increases in retained earnings attributable to business activities are called

• A) assets
• B) liabilities
• C) revenues
• D) net income

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Definitions:

Sensorimotor Period

A stage of development in Piaget's theory, occurring from birth to approximately 2 years of age, where infants learn about their world through their senses and motor activities.

Reflexive

Pertaining to or characterized by reflex action; automatic and involuntary response to stimuli.

Primary Circular Reactions

Repetitive actions in very young infants, which serve to build the infant’s own sensory-motor coordination.

Pleasurable Actions

Activities or behaviors that produce feelings of enjoyment or satisfaction.