An Audit Program for the Examination of the Retained Earnings

An audit program for the examination of the retained earnings account should include a step that requires verification of the

A) Gain or loss resulting from disposition of treasury shares.
B) Market value used to charge retained earnings to account for a two-for-one stock split.
C) Authorization for both cash and stock dividends.
D) Approval of the adjustment to the beginning balance as a result of a write-down of an account receivable.