An Increase in the Number of Authorized, Issued and Outstanding

question 28

Multiple Choice

An increase in the number of authorized, issued and outstanding shares of stock along with a proportional reduction in the stock's par value is a:

• A) deficit.
• B) stock dividend.
• C) stock split.
• D) cash dividend.

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Definitions:

Boston Consulting Group (BCG)

A global management consulting firm known for its expertise in business strategy and the development of the BCG matrix.

Portfolio Analysis

An assessment method used by businesses to evaluate the different elements of their product range to optimize strategic decisions.

Product Penetration

The extent to which a product is recognized and bought by customers in a particular market.

Operational Excellence

An element of organizational leadership that focuses on meeting customer expectations through the continuous improvement of the operational processes and the culture of the organization.