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:

Paraphrase Response

The act of rewording or rephrasing someone else's message to demonstrate understanding or to clarify the meaning.

Divorcing

The legal dissolution of a marriage by a court or other competent body, often involving emotional, psychological, and logistical adjustments by the individuals involved.

Cared

The state of being shown concern or consideration by others, typically in a compassionate or attentive manner.

Ghost

An apparition of a dead person that is believed to appear or become manifest to the living, typically as a nebulous image.