The Board of Directors Must Assign a Per Share Value

question 108

Multiple Choice

The board of directors must assign a per share value to a stock dividend declared that is equal to the

• A)average cost.
• B)zero.
• C)original issue price.
• D)fair value.

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Definitions:

Preceptor

A preceptor is an experienced practitioner or faculty member who supervises and guides students or less experienced workers in a practical, hands-on learning environment.

Instructor

An individual who provides education or training, often within an academic or skills-based setting.

Training Site

A designated place where individuals receive instruction and practice in a particular skill or profession under supervision.

Employee

An individual who is hired by an employer to perform designated tasks in exchange for compensation.