An operating cycle can be less than one year A) True B) False Question 15 (1 point) If a company's board of directors declares and authorizes an annual stock dividend of a 2 cent stock dividend on its $10 par value stock for 220,000 unissued shares with 10,000 shares outstanding and 700 shares of treasury stock. What is the amount of the stock dividend? Exam 1 study guide link A) $2,140 B) $34,000 C) $240 D) $2,400 Question 16 (1 point) Worksheets are used by accounts and are formal accounting records. A) True B) False Question 17 (1 point) Journal entries can be