Multiple Choice
A stock split:
A) increases the number of shares outstanding.
B) reduces the par or stated value in proportion.
C) is the same as a cash dividend.
D) Both A and B are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q59: Payment of a cash dividend causes:<br>A) a
Q60: If treasury stock is sold for less
Q61: Prepare the following journal entries for Complex
Q62: A corporation may issue a stock dividend
Q63: Common Stock Dividend Distributable is an asset
Q65: Issuing a stock dividend would show a
Q66: Ample Corporation's balance in Retained Earnings is
Q67: A prior period adjustment for depreciation would
Q68: The entry to record the distribution of
Q69: Market Value is defined as:<br>A) the price