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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 Per Share Amount Normally Assigned by the Board of Directors
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The Per Share Amount Normally Assigned by the Board of Directors

Question 320

Question 320

Multiple Choice

The per share amount normally assigned by the board of directors to a large share dividend is


A) the market value of the shares on the date of declaration.
B) the average price paid by shareholders on outstanding shares.
C) the par or stated value of the shares.
D) zero.

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