Author Question: Which of the following owners' equity transactions usually require specific authorization from a ... (Read 42 times)

Triley39 · **on:** Aug 21, 2022

Question 1

When a dividend is declared by the board of directors, the source for determining who should receive dividend checks is the
◦ shareholders' capital stock master file.
◦ stock certificate books.
◦ common stock account in the general ledger.
◦ corporate directory.

Question 2

Which of the following owners' equity transactions usually require specific authorization from a company's board of directors?
◦

Repurchase of common stock	Issuance of common stock	Declaration of dividends
Yes	Yes	Yes

◦

Repurchase of common stock	Issuance of common stock	Declaration of dividends
Yes	Yes	No

◦

Repurchase of common stock	Issuance of common stock	Declaration of dividends
No	Yes	No

◦

Repurchase of common stock	Issuance of common stock	Declaration of dividends
No	No	Yes

bball_babe_123 · **Reply #1 on:** Aug 21, 2022

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