A Subsidiary Split Its Stock 2 for 1

question 19

Multiple Choice

A subsidiary split its stock 2 for 1.Which of the following statements is false?

• A)A stock split does not affect the amount of net assets of the subsidiary.
• B)A stock split does not affect parent and noncontrolling interest ownership percentages.
• C)A stock split does not affect consolidation procedures.
• D)A 2 for 1 stock split decreases the number of shares outstanding.

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Definitions:

Connective Tissue

Tissue that supports, binds together, and protects organs, consisting of cells, fibers, and extracellular matrix.

Axillary Lymph Nodes

Lymph nodes located in the armpit (axilla) that play an essential role in filtering harmful substances and in the body's immune response.

Right Lymphatic Duct

A lymphatic vessel in the body that drains lymph from the right upper limb, right side of the thorax, and the right halves of the head and neck.

Edema

Swelling caused by excess fluid trapped in the body's tissues, often resulting from inflammation, injury, or medical conditions.