Which of the Following Statements Is False

question 87

Multiple Choice

Which of the following statements is false?

• A)Both stock splits and stock dividends increase the number of common shares issued.
• B)Both stock splits and stock dividends increase the number of common shares outstanding.
• C)Stock splits reallocate amounts between retained earnings and contributed capital accounts.
• D)Both stock splits and stock dividends have the impact of reducing the market price of the stock.

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Definitions:

Labor

Human effort, either physical or mental, expended in the production of goods and services.

Mechanical Solidarity

A concept developed by Émile Durkheim describing the social cohesion and integration that arises in societies with a simple division of labor, where individuals perform similar tasks.

Organic Solidarity

A concept developed by Émile Durkheim that refers to the social cohesion based upon the dependence individuals have on each other in more advanced societies.

Diversity

The presence of differences within a given setting, including those relating to race, ethnicity, gender, age, and socioeconomic background.