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    Fundamental Accounting Principles Study Set 5
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    Exam 13: Accounting for Corporations
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    When All of the Authorized Shares Have the Same Rights
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When All of the Authorized Shares Have the Same Rights

Question 72

Question 72

Multiple Choice

When all of the authorized shares have the same rights and characteristics, the share is called


A) Preference share.
B) Ordinary share.
C) Par value share.
D) Stated value share.
E) No-par value share.

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