All of the following statements regarding stock dividends are true except:
A. Stock dividends provide evidence of management's confidence that the company is doing well.
B. Stock dividends do not reduce assets or equity.
C. Stock dividends decrease the number of shares outstanding.
D. Stock dividends transfer a portion of equity from retained earnings to contributed capital.
E. Directors can use stock dividends to keep the market price of the stock affordable.
Answer: C
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Martha died and by her will, specifically bequeathed, and the executor distributed, $20,000 cash and a $70,000 house to Harold. The distributions were made in a year in which the estate had $65,000 of DNI, all from taxable sources. The maximum Harold will be required to report as gross income as a result of these distributions is
A. $65,000. B. $20,000. C. $0. D. $70,000.
Measuring the number of people who attend to messages or attend program activities is what level of program evaluation?
A. Preparation D. Opinion change B. Implementation E. Attitude changes C. Impact
Choose the correct word or words in parentheses. We read some short (storys, stories) by Flannery O'Connor, Jean Stafford, and Eudora Welty
A unilateral change as it pertains to bad faith bargaining occurs when:
A. The union agrees to a change in wages, benefits or other terms of employment without first consulting the employees B. The government imposes a settlement on the employer and the union because they are unable to reach an agreement C. An employer changes wages, benefits or other terms of employment without first bargaining with the union D. An employer changes wages, benefits or other terms of employment without first consulting the employees