Match the following.
| List-I (Forms of Dividend Payment) | List-II (Features) |
| a. Cash dividend | 1. The fair value of the additional shares issued is based on their fair market value when the dividend is declared |
| b. Stock dividend | 2. On the date of payment, the company issues dividend payments |
| c. Property dividend | 3. It creates a note payable |
| d. Scrip dividend | 4. You record this distribution at the fair market value of the assets distributed |
A. a-4, b-3, c-1, d-2
B. a-2, b-1, c-4, d-3
C. a-2, b-3, c-4, d-1
D. a-3, b-2, c-4, d-1
Answer: Option B

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