A Stock Dividend

question 233

Multiple Choice

A stock dividend:

• A) is accounted for like a stock split.
• B) will reduce stockholders' equity like a cash dividend does.
• C) will not change any of the accounts within stockholders' equity.
• D) will reduce Retained Earnings like a cash dividend does.

---

Definitions:

Freelance Paralegal

A paralegal who works independently, offering services on a contract basis to lawyers or law firms.

Legal Technician

A professional trained to assist with certain legal matters and documentation but not licensed to practice law.

Unauthorized Practice of Law

The unauthorized practice of law involves providing legal advice or representing someone in a legal matter without being licensed to practice law in that jurisdiction.

State Statutes

Laws and regulations enacted by the legislative bodies of individual states in the United States, which govern matters not reserved to the federal government.