An Increase in Net Income Does Not Affect Shareholders' Equity

question 8

True/False

An increase in net income does not affect Shareholders' equity.
BT: Comprehension

---

Definitions:

Organizational Politics

The use of power, influence, and networking within an organization to achieve changes that benefit the individual or the organization, often involving a complex interplay of interests.

Negative and Positive Aspects

The unfavorable and favorable elements or outcomes associated with a particular situation, decision, or action.

Role Expectations

The behaviors, obligations, and privileges associated with a social role or position within a group or society.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered "normal" or the standard in a particular social group or society.