Multiple Choice
Which of the following is a TRUE statement?
A) Both a share split and a share dividend will decrease total assets.
B) Neither a share split nor a share dividend will affect total assets or total liabilities.
C) Both a share split and a share dividend will increase total liabilities.
D) A share split will increase total assets but a share dividend will not.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following is NOT true
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
Q7: Which of the following statements is TRUE?<br>A)Both
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