Question: Question 19 Company can select to value only one class of assets, say buildings, and not revalue other assets such as land or equipment. O

Question 19 Company can select to value only one class of

assets, say buildings, and not revalue other assets such as land or

Question 19 Company can select to value only one class of assets, say buildings, and not revalue other assets such as land or equipment. O True O False Question 20 When dividends distributed are greater than the amount of accumulated net income, this is called liquidating dividends. True False

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