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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 11: Proprietorships,partnerships,and Corporations
  5. Question
    An Appropriation of Retained Earnings Restricts the Amount of Dividends
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An Appropriation of Retained Earnings Restricts the Amount of Dividends

Question 3

Question 3

True/False

An appropriation of retained earnings restricts the amount of dividends that a corporation can declare in the future.

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