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:

Random Access Memory

Volatile memory in computing devices used to store working data and machine code currently in use, allowing for quick data retrieval and storage.

CPU

Central Processing Unit acts as the core unit in a computer that handles the bulk of processing activities.

Primary Circuit Board

Also known as a motherboard, it is the main printed circuit board in computers and other complex equipment, housing the CPU, memory, and other crucial components.

CPU's

Stands for Central Processing Units, which are the primary components of computers responsible for interpreting and executing most of the commands from the computer's other hardware and software.