Which of the Following Transactions Affects Total Retained Earnings

question 34

Multiple Choice

Which of the following transactions affects total retained earnings?

• A)Purchase of treasury stock
• B)Payment of previously declared cash dividend
• C)Declaration of a stock dividend
• D)Declaration of a stock split

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Definitions:

Resource Allocation

The process of assigning and managing assets in a manner that supports an organization's strategic goals.

Resource Constraints

Limitations on the availability of resources, which can restrict output, growth, and efficiency.

Trade Between Two Countries

The exchange of goods and services across international borders between two nations, facilitating access to foreign markets and resources.

Absolute Advantage

The ability of an individual, firm, or country to produce more of a good or service than competitors using the same amount of resources.