Question: Retained earnings: Multiple Choice Can only be appropriated by setting aside a cash fund. Is the cumulative net income ( and loss ) not distributed

Retained earnings:
Multiple Choice
Can only be appropriated by setting aside a cash fund.
Is the cumulative net income (and loss) not distributed as dividends to its stockholders.
Are never adjusted for anything other than net income or dividends.
Represent an amount of cash available to pay shareholders.
Represents the amount shareholders are guaranteed to receive upon company liquidation.
Retained earnings: Multiple Choice Can only be

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