An Increase in the Number of Authorized, Issued and Outstanding

question 65

Multiple Choice

An increase in the number of authorized, issued and outstanding shares of stock coupled with a proportionate reduction in the stock's par value is a:

• A)stock split.
• B)stock dividend.
• C)cash dividend .
• D)deficit.

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Definitions:

Early Supporters

Individuals or groups that first back or endorse a new idea, project, or innovation.

Evolution

The process through which populations of organisms change over generations, driven by mechanisms such as natural selection and genetic drift.

Chordate

A member of a diverse phylum of animals that includes the vertebrates, lancelets, and tunicates. As embryos, chordates all have a notochord (a hollow nerve cord), pharyngeal gill slits, and a post-anal tail. Many present-day chordates lose or modify these structures as they develop into adults.