When a Company Declares a Stock Dividend,which of the Following

question 119

Multiple Choice

When a company declares a stock dividend,which of the following occurs?

• A)A liability is created.
• B)Retained earnings is reduced.
• C)Stockholders' equity is decreased.
• D)The Financing section of the statement of cash flows is decreased.

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Definitions:

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Public Policy

Public policy consists of the laws, regulations, courses of action, and funding priorities adopted by governmental entities to influence or control issues in the public arena.

Marketing Information System

A marketing information system (MIS) is a structured arrangement of people, equipment, and procedures to gather, sort, analyze, and distribute relevant marketing data to decision makers.

Customer Satisfaction

A measure of how products or services supplied by a company meet or surpass customer expectation.