In some cases, particularly when the reissue of treasury stock results from the exercise of employee stock options, the amount paid by the firm to reacquire the treasury shares exceeds the subsequent reissue price. If the firm applied the constructive retirement method, it is unlikely that the reissue price would be so low as to require a debit to _____

a. Additional Paid-In Capital account so long as that account has a sufficiently large credit balance. To the extent the required debit exceeds the credit balance in the Additional Paid-In Capital account, the firm reduces that account to zero and debits the excess to Retained Earnings.
b. Additional Paid-In Capital.
c. Retained Earnings.
d. Net Income.
e. Accumulated Other Comprehensive Income.


B

Business

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Hiring external experts to help implement the system correctly is a common ERP ___________.

Fill in the blank(s) with the appropriate word(s).

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