Examlex
Which of the following statements about CIFS are correct? (Select 2 answers)
Stock Dividend
The payment of additional shares to shareholders instead of cash, usually at a fixed rate, often used by companies to conserve cash.
Statement of Cash Flows
A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
Stock Dividends
Stock dividends are dividends paid to shareholders in the form of additional shares in the company, rather than in cash.
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