Which Statement Is False

question 80

Multiple Choice

Which statement is false?

• A)Typically the par value of common stock is adjusted for a stock split.
• B)There are no costs to the company when issuing stock splits or stock dividends.
• C)In both a stock split and a stock dividend,the shareholders have the same ownership interest after the stock split or stock dividend as they had before the stock split or stock dividend.
• D)Ignoring the effect of fractional shares,both stock splits and stock dividends issue shares of common stock without any additional cash payments.
• E)Stock splits are often used to keep a company's stock price low enough to maintain its price within a reasonable trading range.

---

Definitions:

Red Bone Marrow

A type of bone marrow that produces red blood cells, white blood cells, and platelets, found in the cavities of many bones.

Lymphocytes

A type of white blood cell that is part of the immune system, responsible for fighting infections.

Neutrophils

A type of white blood cell, pivotal in defending the body against bacterial infections.

Basophils

A type of white blood cell involved in inflammatory responses and allergic reactions.