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:

Output Voltages

The electrical voltages produced by a system or device, often as a result of processing input signals or data.

ON/OFF Switching

ON/OFF Switching refers to a basic control mechanism that allows electrical or electronic devices to be turned on or off with a switch.

Hot Swappable I/O Modules

Input/Output modules designed to be exchanged or replaced without shutting down the system they are part of.

Power On

The action or process of activating a device or system, providing it with electrical power to begin operation.