A Stock Dividend, Declared by a Corporations's Directors, Is a Distribution

question 189

True/False

A stock dividend, declared by a corporations's directors, is a distribution of additional shares of the corporation's own stock to its stockholders without the receipt of any payment in return.

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Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public.

Ecologically Sustainable

Practices or actions that meet current needs without compromising the ability of future generations to meet their own, with particular consideration for environmental impact.

Accountable

Being responsible for one's actions and outcomes, and having an obligation to report, explain, or justify them.

Affirmative Action

Policies or practices that aim to address historical injustices and inequalities by providing opportunities to underrepresented groups.