Which One of the Following Events Would Not Require a Formal

question 169

Multiple Choice

Which one of the following events would not require a formal journal entry on a corporation's books?

• A) 2 for 1 stock split
• B) 100% stock dividend
• C) 2% stock dividend
• D) $1 per share cash dividend

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Definitions:

Formal Thought Processes

The capacity for abstract, logical, and systematic thinking, typically associated with the cognitive development in adolescence.

Attribute Behavior

The act of explaining behaviour by attributing it to internal or external causes or characteristics.

Environmental Context

The surrounding conditions, influences, or forces which affect the development or behavior of individuals or systems.

Personal Responsibility

The obligation to take ownership of one's actions and their consequences, emphasizing accountability in both personal and societal contexts.