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Which of the Following Is False Concerning the Statement of Stockholders

Question 52

Multiple Choice

Which of the following is false concerning the statement of stockholders' equity?


A) IFRS require a statement of stockholders' equity.
B) U) S.GAAP do not require a statement of stockholders' equity.
C) Net income and dividends close into Retained Earnings.
D) Other comprehensive income and retirement of repurchased shares close into Accumulated Other Comprehensive Income.

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