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Which of the following best describes the appropriation of retainedearnings? A. limiting company transactions in order to boost earnings B. restricting part of retained earnings

Which of the following best describes the appropriation of retainedearnings?

limiting company transactions in order to boost earnings

restricting part of retained earnings for expansion or contingencies

setting cash aside for expansion

designating certain amounts of retained earnings for cash dividends that are required to be paid to shareholders

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