The authorization of an issuance of capital stock normally includes all but which of the following?

Question

Quizplus · Accepted Answer

The authorization of an issuance of capital stock usually includes the type of stock to be issued, the number of shares to be issued, and the date shares are to be issued. The amount of dividend to be paid on shares issued is determined by the board of directors after the shares are issued and is not typically included in the authorization of the issuance of capital stock.

The Authorization of an Issuance of Capital Stock Normally Includes