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    Financial Accounting IFRS Study Set 1
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    Exam 11: Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
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    The Par Value of Ordinary Shares Must Always Be Equal
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The Par Value of Ordinary Shares Must Always Be Equal

Question 216

Question 216

True/False

The par value of ordinary shares must always be equal to its fair value on the date the shares are issued.

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