Which of the following types of owners' equity transactions would require authorization by the board of directors?
A) issuance of capital stock
B) repurchase of capital stock
C) declaration of dividends
D) all of the above

Question

Quizplus · Accepted Answer

Issuance of capital stock, repurchase of capital stock, and declaration of dividends are all significant transactions that would require authorization by the board of directors. The board is responsible for managing the company's operations, and therefore, has the authority to authorize such transactions.

Which of the Following Types of Owners' Equity Transactions Would