Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 59

When a client company does not maintain its own capital stock records, the auditors 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.