Question
Companies are not allowed to report profit on transactions relating to their own stock. That is, they dont report income when stock is sold, nor
Companies are not allowed to report profit on transactions relating to their own stock. That is, they dont report income when stock is sold, nor do they report an expense when dividends are paid to shareholders. Why is this the case?
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The Process Auditing And Techniques Guide
Authors: J.P. Russell
2nd Edition
087389782X, 978-0873897822
