Which of the following statements about property dividends is not true?
a. a property dividend is usually in the form of securities of other companies.
b. a property dividend is also called a dividend in kind.
c. the accounting for a property dividend should be based on the carrying value (book
value) of the nonmonetary assets transferred.
d. all of these statements are true.

c. The accounting for a property dividend should be based on the carrying value (book

value) of the non-monetary assets transferred.

Explanation:

As per the Generally Accepted Accounting Principles which states the basic laws for accounting any transaction, states that,

The property dividends that is dividend distributed not in cash but dividend in the form of property like land and building, securities, other assets, etc: shall be recorded at net fair value.

These dividend are not recorded at carrying book values of the property given.

answer: most likely c

explanation:

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.