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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 Purchase of Treasury Shares
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The Purchase of Treasury Shares

Question 335

Question 335

Multiple Choice

The purchase of treasury shares


A) decreases ordinary shares authorized.
B) decreases ordinary shares issued.
C) decreases ordinary shares outstanding.
D) has no effect on ordinary shares outstanding.

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