A Small Stock Dividend Is Defined as

question 133

Multiple Choice

A small stock dividend is defined as

• A)less than 30% but greater than 25% of the corporation's issued stock.
• B)between 50% and 100% of the corporation's issued stock.
• C)more than 30% of the corporation's issued stock.
• D)less than 20 to 25% of the corporation's issued stock.

---

Definitions:

Price Variance

The difference between the actual cost of a good or service and its expected cost, often used in budgeting and financial analysis.

Labor Price Variance

The difference between the actual cost of labor and the standard cost expected for that labor, used in budgeting and cost management.

Quantity Variance

Quantity variance refers to the difference between the expected and actual quantity of materials or inputs used in the production process, impacting cost.

Standards

Predetermined benchmarks or norms used for measuring performance and setting expectations in various contexts, including production, quality, and accounting.