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  3. Study Set
    Company Accounting
  4. Exam
    Exam 4: Disclosure: Legal Requirements and Accounting Polices
  5. Question
    If a Company Is a Small Proprietary Company, It Must
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If a Company Is a Small Proprietary Company, It Must

Question 3

Question 3

Multiple Choice

If a company is a small proprietary company, it must comply with accounting standards if directed to prepare an annual financial report by shareholders with at least:


A) 1% of the company's votes.
B) 2% of the company's votes.
C) 3% of the company's votes.
D) 5% of the company's votes.

Correct Answer:

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