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NEW QUESTION: 1
Which of the following is/are true about stock dividends?
I. stock dividends lead to a decrease in the retained earnings account.
II. large stock dividends are valued at their par value.
III. small stock dividends are valued at their fair market value at the time of issuance.
A. I, II & III
B. I & III
C. I only
D. II & III
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Stock dividends are given to move retained earnings into capital accounts and hence represent a permanent capitalization of earnings. In that sense, stock dividends do not have any economic significance but are an accounting bookkeeping device. The recapitalization does have legal implicationsfor future distributions since the retained earnings account is the primary source of cash dividends and other accounts are more difficult to dip into for distributions. If the stock dividend is less than 20-25%, the additional stocks are valued at fair market value on the declaration date and the resultant amount moved from retained earnings account to the "par-value" account and the "additional paid-in capital" account.
Larger stock dividends are valued at par.

NEW QUESTION: 2
A company needs to ensure that the manufacturer's recommended maintenance schedule is accomplished for each asset associated to a warranty contract. How can this be done?
A. Identify the Unit of Measure and Meter Duration on the Contract Lines Tab
B. Entering the meter reading in the Master Section for the asset on the Warranty Contract.
C. Entering the recommended maintenance schedule on the Terms and Conditions Tab
D. Attaching the Master PM Schedule to the Contract using Document Links
Answer: D

NEW QUESTION: 3
A user needs to connect securely to the company network while working from a hotel room. Which of the following
would the user need available to accomplish this?
A. VPN
B. WPA2
C. AES
D. UTM
Answer: A