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OpenStudy (anonymous):
A retained earnings appropriation is a restriction of retained earnings by A. accountants. B. senior management. C. stockholders. D. the board of directors.
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OpenStudy (anonymous):
D. because A board of directors can vote to appropriate, or restrict, some of the corporation's retained earnings.
OpenStudy (anonymous):
if you need further info go to http://www.accountingcoach.com/stockholders-equity/explanation/8 and read the first sentence of Appropriations or Restrictions of Retained Earnings
OpenStudy (anonymous):
@robby8974 Thanks (:
OpenStudy (anonymous):
no prob
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