The Statement of Retained Earnings

question 188

Multiple Choice

The statement of retained earnings:

• A)Reports how retained earnings changes at a point in time.
• B)Reports how retained earnings changes over a period of time.
• C)Reports on cash flows for operating, financing, and investing activities over a period of time.
• D)Reports on cash flows for operating, financing, and investing activities at a point in time.
• E)Reports on amounts for assets, liabilities, and equity at a point in time.

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