Question

A retained earnings appropriation is a restriction of retained earnings by
A. accountants.
B. senior management.
C. stockholders.
D. the board of directors.

Answer 1

D. because A board of directors can vote to appropriate, or restrict, some of the corporation's retained earnings.

Answer 2

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

Answer 3

@robby8974 Thanks (:

Answer 4

no prob