Question

Which of the following statements is true? Select one: a. Shares outstanding may exceed shares issued...

Which of the following statements is true?

Select one:

a. Shares outstanding may exceed shares issued

b. Shares outstanding may exceed shares authorized

c. Shares held in treasury may exceed shares issued

d. Shares held in treasury may exceed shares outstanding

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Homework Answers

Answer #1

The correct answer is

shares held in treasury may exceed shares outstanding.

Explanation

Treasury shares are the shares of the company which has been purchased by the company it self. These shares can be more than the outstanding shares, as outstanding shares are the shares held by persons other than the company itself that is exclusing treasury stock. All other options are incorrect as putstanding shares can never be more than issue and authorized.and treasury shares cannot exceed the shares issued.

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