Which of the Following Would Have No Effect on Retained

question 94

Multiple Choice

Which of the following would have no effect on Retained Earnings?

• A)Declaration of a cash dividend
• B)Declaration of a stock dividend
• C)Declaration of a stock split
• D)A prior period adjustment

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Definitions:

Just-In-Time System

A supply chain management system designed to decrease waste and increase efficiency by receiving goods only as they are needed in the production process.

Same Day Air

A transportation service ensuring parcels or freight are delivered via air transport within the same day, emphasizing speed and efficiency.

Next-Day Air

A shipping service that ensures delivery of parcels or documents on the day after they are dispatched.

Environmental Factors

Elements of nature and society that can affect an organization's performance, including climate, regulatory policies, and socio-economic conditions.