Which One of the Following Events Would Not Require a Journal

question 11

Multiple Choice

Which one of the following events would not require a 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:

Representativeness Heuristic

A cognitive shortcut in which individuals judge the probability of an event based on how closely it resembles a typical case, often leading to biases in decision-making.

Stereotypes

Oversimplified generalizations about a group of people that do not take individual differences into account.

Crisis

A critical or precarious situation that requires immediate attention and action to prevent or mitigate damage or disaster.

Disaster

A sudden, catastrophic event causing significant damage, disruption, and potentially loss of life.