32. T, F. An ordinary stock dividend is the issuance of common stock for similar common stock.

33. T,F. A special stock dividend is the issuance of different class of stock for another class e.g. preferred on common stock).

34. T, F. Neither a small stock dividend of between 20 % and 25% nor a large stock dividend of between 50% and 80% has any effect on components of owners equity.

35. T, F. A corporation may restrict its Retained earnings to meet its legal requirements.

36. A Corporation might include the following in its Accumulated Other Comprehensive Income:

a. Unrealized gains or losses in the fair value of its available for sale investments

b. Translation adjustments from conversion of foreign operations of its subsidiary

c. Certain pension plans

d. All of the above

e. None of the above.