Which One of the Following Events Would NOT Require a Formal

question 26

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:

Persuasion

The process of convincing someone to do or believe something through reasoning or the use of symbols.

Nonspecific Compensation

A term not widely recognized; could imply a form of compensation not tied to specific performance criteria or achievements.

Bridging

A conflict resolution technique that involves finding a new option or idea that all parties can agree with, thereby bridging their differences.

Invent

To create or design something that has not existed before; to innovate.