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    Business
  3. Study Set
    Intermediate Accounting Study Set 3
  4. Exam
    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
  5. Question
    Retained Earnings Restrictions and Appropriation Both Limit the Amount of Dividends
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Retained Earnings Restrictions and Appropriation Both Limit the Amount of Dividends

Question 3

Question 3

True/False

Retained earnings restrictions and appropriation both limit the amount of dividends that a company can pay.

Correct Answer:

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