Multiple Choice
Which of the following statements is TRUE?
A) Both a share dividend and a share split reduce retained earnings.
B) Neither a share dividend nor a share split will result in net gains or losses.
C) Both a share dividend and a share split increase the balance in the ordinary share account.
D) A share split increases the market value of the share.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following will decrease the
Q3: Which of the following is a common
Q4: Which of the following occurs when the
Q5: Which of the following occurs when a
Q6: Which of the following is a TRUE
Q8: The account to be debited when a
Q9: A share buy-back requires a credit to
Q10: Which of the following statements is TRUE?<br>A)A
Q11: Which of the following items is NOT
Q12: One of the reasons for a share