Which of the Following Statements Concerning Stock Dividends Is Correct

Which of the following statements concerning stock dividends is correct?

A) The declaration of a stock dividend should not be recorded as a liability even though it has not yet been issued.
B) The issuance of a stock dividend increases total stockholders' equity.
C) Courts generally have held that stock dividends, once declared, are irrevocable by the board of directors; therefore, a stock dividend declared, but not yet issued is a liability.
D) A stock dividend cannot use treasury stock.