Alpha declared and issued a stock dividend. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows: A. Financing activities section B. Operating activities section C. Does not represent a cash flow D. Investing activities section E. None of the above

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Alpha declared and issued a stock dividend. Indicate which section, if any, the above transaction
would appear in, or relate to, on a statement of cash flows:
A. Financing activities section
B. Operating activities section
C. Does not represent a cash flow
D. Investing activities section
E. None of the above
Transcribed Image Text:Alpha declared and issued a stock dividend. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows: A. Financing activities section B. Operating activities section C. Does not represent a cash flow D. Investing activities section E. None of the above
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Is there any difference between the words "issued" and "paid" a dividend? Is there any chance the correct answer to be "C" because the dividend is "issued" and not "paid"?

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