Asked by
brooke cormier
on Oct 27, 2024Verified
Treasury stock shares are shares of stock that are:
A) Authorized and outstanding.
B) Authorized but not issued.
C) Authorized,issued,and outstanding.
D) Authorized and issued,but not outstanding.
Authorized
Refers to the official approval or permission for something, often used in the context of authorized shares in a corporation.
Outstanding
Describes something that is currently due or has not been settled or resolved, often referring to payments or checks.
- Learn about the subject and financial ramifications of transacting in treasury stock.
Verified Answer
EM
Learning Objectives
- Learn about the subject and financial ramifications of transacting in treasury stock.