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    College Accounting Study Set 2
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    Exam 19: Corporations: Stock Values, Dividends, Treasury Stocks,
  5. Question
    Which of the Following Statements Is True About Treasury Stock
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Which of the Following Statements Is True About Treasury Stock

Question 107

Question 107

Multiple Choice

Which of the following statements is true about treasury stock?


A) It carries no right to dividends.
B) It carries no right to vote.
C) It is stock that is outstanding.
D) A and B are correct.

Correct Answer:

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