When Stock Dividends Are Distributed

question 42

Multiple Choice

When stock dividends are distributed,

• A)Common Stock Dividends Distributable is decreased.
• B)Retained earnings is decreased.
• C)Paid-in Capital in Excess of Par Value is debited if it is a small stock dividend.
• D)No entry is necessary if it is a large stock dividend.

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Definitions:

Attitudes

Enduring sets of beliefs or feelings about people, objects, or ideas that predispose individuals to respond in certain ways.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed, characterized by the belief that one's actions have no effect on outcomes.

Learned Optimism

The concept that one can develop a more positive outlook through cognitive behavioral techniques, as proposed by psychologist Martin Seligman.

Explanatory Style

A psychological attribute that indicates how people explain to themselves why they experience a particular event, either positive or negative.