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:

Financial Position

An overview of the assets, liabilities, and equity of an entity at a specific point in time, reflecting its economic resources and obligations.

Defamatory Statements

False and damaging statements made about a person or organization, potentially leading to legal action.

Trespass

An unlawful act of entering someone's land or property without permission, which can also extend to interference with a person's rights or possessions.

Eavestrough Downspout

A vertical pipe that channels rainwater from a roof's gutter system away from the building's foundation.