Change Statements Include A

question 140

Multiple Choice

Change statements include a:

• A) retained earnings statement, balance sheet, and cash flow statement.
• B) balance sheet, cash flow statement, and income statement.
• C) cash flow statement, income statement, and retained earnings statement.
• D) retained earnings statement, balance sheet, and income statement.

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Definitions:

Legal Requirements

Mandates established by law that must be followed by individuals, organizations, or businesses.

Property Dividend

A dividend paid to shareholders in the form of assets other than cash, typically securities or physical assets owned by the company.

Bonds

Fixed-income investments representing a loan made by an investor to a borrower, often corporate or governmental.

Stock Dividend

A dividend paid to shareholders in the form of additional shares of the company's stock, rather than in cash.