Which of the Following Statements Is False

question 20

Multiple Choice

Which of the following statements is false?

• A)Stock splits reallocate amounts between retained earnings and contributed capital accounts.
• B)Both stock splits and stock dividends increase the common shares issued.
• C)Both stock splits and stock dividends increase the common shares outstanding.
• D)Both stock splits and stock dividends have the impact of reducing the market price of the stock.

---

Definitions:

Sedimentary

Relating to rocks formed by the accumulation and consolidation of mineral and organic particles deposited by water, air, or ice.

Clastic

A material consisting of pieces (clasts) derived from preexisting rocks; usually formed on Earth’s surface in low-temperature environments; syn. detrital.

Clast Density

The measure of the density of the fragments or grains that make up a sedimentary rock.

Clast Size

The dimensions of the fragments or grains that make up sedimentary rocks, indicating the energy of the environment in which they were deposited.