If a Corporation Declares a 2-For-1 Stock Split, Which of the Following

question 216

Multiple Choice

If a corporation declares a 2-for-1 stock split, which of the following is true?

• A)A new class of stock must be authorized with twice the number of issued shares.
• B)The number of outstanding shares is half the number that were previously outstanding before the split.
• C)The number of outstanding shares is twice the number that were previously outstanding before the split.
• D)The number of outstanding shares is doubled, while the number of issued shares is reduced to half of the amount before the split.

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Definitions:

True Statements

Declarations or assertions that are accurate and in agreement with fact or reality.

Neuropsychological Test

A standardized assessment tool used to measure a specific aspect of cognitive function, helping diagnose conditions affecting the brain.

Brain Abnormalities

Structural or functional deviations in the brain from the normal, which can be associated with various neurological or mental health conditions.

Electroencephalogram (EEG)

A test that detects electrical activity in your brain using small, flat metal discs (electrodes) attached to your scalp.