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

Question

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

anonymous · Answer

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

anonymous · Answer

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

anonymous · Answer

@robby8974 Thanks (:

anonymous · Answer

no prob