Examlex
Stock splits and stock dividends have the following effects on retained earnings:
Closed-System
A theoretical model where a system operates independently, without any interaction or exchange with its external environment.
Chain of Command
The formal line of authority within an organization, specifying who reports to whom.
Division of Labor
The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency and productivity.
Span of Control
The number of subordinates that a manager or supervisor can effectively oversee, manage, and communicate with.
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