Declaration and Distribution of Stock Dividends

question 40

Multiple Choice

Declaration and distribution of stock dividends:

• A)increases the total liabilities of the corporation and decreases the total stockholders' equity.
• B)increases the stock account and decreases retained earnings.
• C)reduces the total liabilities of the corporation.
• D)reduces the total assets of the corporation.

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Definitions:

Account Management Policies

Guidelines and practices designed to manage client accounts effectively and maintain good customer relationships.

Selling and Customer Service Activities

Activities involved in selling a product or service to customers, as well as providing after-sales support to ensure customer satisfaction.

Account Management

A business process dedicated to the maintenance and growth of a company's relationships with its customers.

Sales and Service Effort

The combined activities focused on selling a product or service and providing after-sale support to ensure customer satisfaction and loyalty.