A 15% Stock Dividend by a Subsidiary Causes

question 22

Multiple Choice

A 15% stock dividend by a subsidiary causes

• A)the parent company investment account to decrease.
• B)the parent company investment account to remain the same.
• C)the parent company investment account to increase.
• D)the noncontrolling interest equity to increase.

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Definitions:

Daily Log

A personal record kept on a daily basis detailing activities, observations, or measurements, which can be useful for tracking progress or identifying trends over time.

Daily Log

A record kept every day to track activities, observations, or progress towards goals, often used for personal or professional purposes.

Disbursements Journal

A financial record used to document cash payments or cash outflows from a business.

Computer-Mediated Communication

The exchange of messages between individuals through the use of digital devices and platforms.