Which One of the Following Events Would Not Require a Journal

question 177

Multiple Choice

Which one of the following events would not require a 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.

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Definitions:

Correlation Coefficient

A numerical index of the degree of relationship that exists between two variables.

Strength

The quality or state of being physically strong, as well as a person's mental or emotional ability to deal with difficult situations.

Direction

Guidance or instructions on how to proceed; or, the course along which something moves.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together, showing the strength and direction of their relationship.