Which of the Following Is Not a Direct Result of a Stock

question 53

Multiple Choice

Which of the following is not a direct result of a stock dividend?

• A)the number of shares outstanding is increased
• B)the market price of each outstanding share is increased
• C)the amounts shown in the firm's capital accounts are redistributed
• D)the per-share price of the stock goes up

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Definitions:

Prison Sentence

The period of time a person is legally required to spend in prison as punishment for committing a crime.

Public Defender

A lawyer appointed by the court to represent defendants who cannot afford to hire a private attorney in criminal cases.

Deemed Reasonable

Considered or judged to be fair, appropriate, or within acceptable limits according to prevailing standards or circumstances.

Act of Omission

A failure to perform an act or duty that one is obligated to do by law or promise.