If a stock dividend occurs after year-end, but before issuing the financial statements, a company must restate the weighted-average number of shares outstanding for the year.

Question

Quizplus · Accepted Answer

This is true. Restating the weighted-average number of shares outstanding for the year takes into account the shares issued as dividends, which can have an impact on the company's financial position and performance.

If a Stock Dividend Occurs After Year-End, but Before Issuing