A Feature Common to Both Stock Splits and Stock Dividends

question 105

Multiple Choice

A feature common to both stock splits and stock dividends is

• A)That there is no effect on total stockholders' equity.
• B)A reduction in the contributed capital of a corporation.
• C)A transfer to earned capital of a corporation.

---

Definitions:

Unauthorized Use

The use of property, resources, or confidential information without permission from the rightful owner or authority.

Maximum Liability

The highest amount for which a party can be held financially responsible under a contract or legal agreement.

Credit Card Theft

The unauthorized use, theft, or misappropriation of someone's credit card information for the purpose of making unauthorized purchases or transactions.

Equal Credit Opportunity Act

A U.S. federal law that prohibits discrimination in granting credit to consumers based on race, color, religion, national origin, sex, marital status, age, or because they receive public assistance.