Gains and losses that are normal and frequent are reported as:Multiple ChoiceA separate line item when computing earnings per share.A prior period adjustment on the statement of retained earnings.A gain or loss from disposing of the discontinued segment's net assets.A gain or loss from operation of a discontinued segment.Part of continuing operations.

If retained earnings increases from the beginning of the year to the end of the year, then:Group of answer choicesdividends paid are greater than profit.profit is greater than dividends paid.additional investments are less than losses.profit is less than dividends paid.

Retained earnings are a component of:

Retained earnings represent: Group of answer choices the shareholders’ claim on total assets. the amount of cash held by the business. the total of revenue for the period. the amount of profit held in the company for future use.

Retained earnings are a category of what?Multiple choice question.Corporate profitsInterestRentProprietors' income

What is the term given to losses below the anticipated levels?Question 10Answera.Actual lossb.Normal lossc.Abnormal gaind.Abnormal loss