Fractional share rights are usually issued:
A)At the time a stock dividend is declared.
B)At the time a property dividend is declared.
C)When a corporation issues a stock split.
D)At the time a cash dividend is declared.

Question

Quizplus · Accepted Answer

Fractional share rights are typically issued when a stock dividend is declared, as they allow shareholders to receive the equivalent value of fractional shares that result from the dividend.

Fractional Share Rights Are Usually Issued