PLEASE ANSWER ALL TO RECEIVE FULL CREDIT AND THUMBS UP

they are MC, you wont be solving anything

[45] When a client's company does not maintain its own stock records, the auditor should obtain written confirmation from the transfer agent and registrar concerning A. Restrictions on the payment of dividends. B. The number of shares issued and outstanding. C. Guarantees of preferred stock liquidation value. D. The number of shares subject to agreements to repurchase. [46] The auditor is concemed with establishing that dividends are paid to client corporation shareholders who hold stock as of the A. Issue date. B. Declaration date C. Record date D. Payment date. [47] An audit program for the retained earnings account should include a step that requires verification of the A. Market value used to charge retained earnings to account for a two-for-one stock split. B. Approval of the adjustment to the beginning balance as a result of a write-down of an account receivable. C. Authorization for both cash and stock dividends. D. Gain or loss resulting from disposition of treasury shares. 2020 Gleim Publications Inc. Chapter 10 part 39 [48] During an audit of a company's equity accounts, the auditor determines whether restrictions have been imposed on retained eamings resulting from loans, agreements, or state law. This audit procedure most likely is intended to verify relevant assertion about A. Existence or occurrence. B. Completeness C. Valuation and allocation. D. Classification and understandability. [49] In performing tests concerning the granting of stock options, an auditor should A. Confirm the transaction with the Secretary of State in the state of incorporation. B. Verity the existence of option holders in the entity's payroll records or stock ledgers. C. Determine that sufficient treasury stock is available to cover any new stock issued. D. Trace the authorization for the transaction to a vote of the board of directors