1. A stock dividend will
A. increase the value of a share of stock.
B. decrease the capital in excess of par account.
C. decrease the retained earnings account.
D. none of these.
2. Which of the following statements is a general implication of globalization?
A. Globalization is inevitable.
B. As a result of globalization, a severe crisis in one region of the world can affect the entire globe.
C. From a purely economic perspective, globalization is all good.
D. Globalization has reduced the risks associated with global financial contagion.
E. Globalization has no negative impacts on the economies of the developed world.