An increase in the number of authorized, issued and outstanding shares of stock along with a proportional reduction in the stock's par value is a:

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A stock split involves an increase in the number of authorized, issued and outstanding shares of stock along with a proportional reduction in the stock's par value. This is done to make the stock more accessible to investors and increase its liquidity, without affecting the overall value of the stock. A deficit refers to a negative balance in a company's finances, a stock dividend involves the distribution of additional shares of stock to existing shareholders, and a cash dividend involves the distribution of a portion of the company's profits to shareholders in the form of cash.

An Increase in the Number of Authorized, Issued and Outstanding