Authorization of which of the following is least likely to be found during a review of the minutes of the board of directors? A)Dividends. B)New debt issuance. C)New bank accounts. D)Write-off of trade accounts receivable.

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The write-off of trade accounts receivable is typically authorized by management or the credit department, not the board of directors. It is therefore the least likely to be found during a review of the minutes of the board of directors. Dividends, new debt issuance, and new bank accounts are all decisions that can be made by the board of directors and are therefore more likely to appear in the minutes.

Authorization of Which of the Following Is least likely to Be