Which Statement About "Stock Dividends" Is Correct

question 67

Multiple Choice

Which statement about "stock dividends" is correct?

• A)Only a memo entry is needed for this transaction.
• B)No entry is needed in the accounting records.
• C)A journal entry is needed for this transaction.
• D)This is the same as a stock split for accounting purposes.

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Definitions:

Mental Hospitals

Institutions specialized in providing treatment and care for individuals with mental illnesses.

Psychotherapy

A form of treatment for mental health conditions where a trained therapist uses psychological methods to help a person change and overcome problems in desired ways.

Psychoanalysis

A therapeutic approach that focuses on exploring unconscious desires and conflicts to understand and treat psychological disorders.

Applied Behavior Analysis

A therapy based on the science of learning and behavior, aiming at improving specific behaviors and understanding how behaviors are affected by the environment.