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  3. Study Set
    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
  5. Question
    A Liability for Dividends Exists Only When the Board of Stockholders
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A Liability for Dividends Exists Only When the Board of Stockholders

Question 131

Question 131

True/False

A liability for dividends exists only when the board of stockholders requests them.

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