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    Auditing and Assurance Services Study Set 2
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    Exam 22: Audit of the Capital Acquisition and Repayment Cycle
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    Which of the Following Would Generally Not Need to Be
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Which of the Following Would Generally Not Need to Be

Question 96

Question 96

Multiple Choice

Which of the following would generally not need to be approved by the board of directors?


A) issuing capital stock
B) repurchasing capital stock
C) declaration of a dividend
D) payment of a dividend

Correct Answer:

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