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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 Governments of Many Countries Require Corporations to Restrict Retained
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The Governments of Many Countries Require Corporations to Restrict Retained

Question 310

Question 310

Multiple Choice

The governments of many countries require corporations to restrict retained earnings for


A) the cost of treasury shares purchased.
B) dividends in arrears.
C) future plant expansion.
D) loan payments due within the next 12 months.

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