When a Stock Dividend Is Declared, Which of the Following

question 9

Multiple Choice

When a stock dividend is declared, which of the following accounts is credited?

• A) Common Sock
• B) Dividend Payable
• C) Stock Dividends Distributable
• D) Retained Earnings

---

Definitions:

Environment Richness

The degree to which an environment provides the necessary resources, stimuli, and opportunities for learning and development.

Organizational Designs

The process of structuring a company's roles, responsibilities, and relationships to achieve its goals efficiently.

Economic Conditions

Refer to the prevailing state of the economy in a specific area or globally, encompassing factors like unemployment rates, inflation levels, and growth indicators.

Environmental Uncertainty

The unpredictability in an organization’s external environment, making decision-making complex and potentially risky.