MENU
In a corporation's financial statements, earned surplus is also recognized as:
Suggested Answer: C
Get Premium Series-7 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
earnings retained after payment of dividends to shareholders. The other choices are clearly incorrect. Earned surplus is also referred to as retained earnings.
12 comments · newest first
CA
Cassi
12 months ago
Earned surplus = retained earnings after dividends.
TA
Tamra
1 year ago
Wait, are we sure about C? Sounds too simple.
NU
Nu
1 year ago
C makes the most sense, totally agree!
RA
Rasheeda
1 year ago
I thought it was D, but I see the difference now.
AJ
Aja
1 year ago
It's definitely C, that's the definition of earned surplus!
EL
Elina
1 year ago
I'm really unsure about this one. I thought earned surplus was more about profits, but does that mean it's gross profit or net income?
KA
Karl
1 year ago
I feel like I saw a question similar to this in our practice tests, and I think it was about how surplus is linked to dividends. Was it C?
SH
Shelton
1 year ago
I remember something about net income being a part of retained earnings, so D could be the right answer.
OW
Owen
1 year ago
I think earned surplus is related to retained earnings, so maybe it's C? But I'm not entirely sure.
FR
Francoise
1 year ago
Hmm, I'm a bit unsure about this one. The options all seem to be related to FSPF and VSAN configuration, but I'm not entirely sure which one would be the best solution to the problem described. I'll need to think it through step-by-step.
SH
Shaun
1 year ago
Hmm, I'm not totally sure about this one. I'm thinking it could be the ACC global filter, but I'm not 100% confident.
NI
Nieves
1 year ago
Wait, I'm a bit confused. Do we need a separate master image for the 3D mapping app? And how do the different desktop types factor in? I'll need to re-read the question carefully.