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    Auditing and Assurance Services Study Set 1
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    Exam 22: Audit of the Capital Acquisition and Repayment Cycle
  5. Question
    Which of the Following Types of Owners' Equity Transactions Would
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Which of the Following Types of Owners' Equity Transactions Would

Question 37

Question 37

Multiple Choice

Which of the following types of owners' equity transactions would require authorization by the board of directors?


A) Issuance of capital stock
B) Repurchase of capital stock
C) Declaration of dividends
D) All of the above

Correct Answer:

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