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    Fundamental Financial Accounting Concepts
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    Exam 11: Proprietorships,partnerships,and Corporations
  5. Question
    An Appropriation of Retained Earnings Places a Limit on the Amount
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An Appropriation of Retained Earnings Places a Limit on the Amount

Question 60

Question 60

True/False

An appropriation of retained earnings places a limit on the amount of dividends a corporation can declare.

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