Question: Question Mode Multiple Choice Question How is the change in Retained Earnings accounted for in the statement of cash flows? Multiple choice question. The change

Question Mode
Multiple Choice Question
How is the change in Retained Earnings accounted for in the statement of cash flows?
Multiple choice question.
The change in Retained Earnings is effectively ignored in the statement.
The change in Retained Earnings is classified as an investing activity.
The change is accounted for by the addition of net income in operating activities and the subtraction of dividends in financing activities.

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