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    Fundamental Accounting Principles Study Set 1
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    Exam 13: Accounting for Corporations
  5. Question
    Stated Value Stock Is No-Par Stock That Is Assigned a "Stated
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Stated Value Stock Is No-Par Stock That Is Assigned a "Stated

Question 13

Question 13

True/False

Stated value stock is no-par stock that is assigned a "stated" value per share by the corporation's board of directors.

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