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  3. Study Set
    Accounting Study Set 5
  4. Exam
    Exam 15: Companies: Effects on Retained Earnings, Share Splits and Buy-Backs, and the Income Statement
  5. Question
    A Share Split Is an Increase in the Number of Issued
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A Share Split Is an Increase in the Number of Issued

Question 49

Question 49

True/False

A share split is an increase in the number of issued shares, coupled with a proportionate reduction in the market value of the shares.

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