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Basic Question 8 of 10
Shares of stock that have been bought back and are held by the company are called ______.
B. authorized stock
C. issued stock
A. treasury stock
B. authorized stock
C. issued stock
User Contributed Comments 4
| User | Comment |
|---|---|
| CFAonTheBrain | what is authorized stock? |
| Htoon | Authorized stocks are stock that the company files at the SEC that it will issue stock during certain years. |
| SaeedAlam | Authorized stock is the max. amount of stock that a company can issue based on a vote by its shareholders. |
| sboyadjiev | Authorized shares are the number of shares that may be sold under the firm's articles of incorporation. Issued shares are the number of shares that have actually been sold to shareholders. Outstanding Shares= Issued shares - shares that have been reacquired by the firm, i.e. treasury stock. Hope this would help |
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Lina
Learning Outcome Statements
describe how the cash flow statement is linked to the income statement and the balance sheet
CFA® 2024 Level I Curriculum, Volume 2, Module 4.