Which One of the Following Events Would Not Require a Formal

question 172

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

---

Definitions:

Constant Returns

A condition in production where increasing the amount of inputs results in a proportional increase in outputs.

U-shaped

A graphical representation describing a situation or relationship that initially decreases, reaches a minimum point, and then increases.

Long-run Average Cost

The cost per unit of output when all factors of production, including capital, are variable and optimized for scale.

Licensed Vendors

Businesses or individuals who have been granted official permission to sell goods or services, often within a particular jurisdiction or for a specific product.