when a client company does not maintain its own capital stock records, the auditors should obtain written confirmation from the transfer agent and registrar concerning
a. restrictions on the payment of dividends.
b. the number of shares issued and outstanding.
c. guarantees of preferred stock liquidation value.
d. the number of shares subject to agreements to repurchase

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.