Which Statement About a "Treasury Shares" Is Correct

question 57

Multiple Choice

Which statement about a "treasury shares" is correct?

• A)The company does not pay dividends on these shares.
• B)These shares must be cancelled upon re-purchase.
• C)These shares are disclosed as issued and outstanding.
• D)These shares continue to have voting rights.

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Definitions:

Improper Fractions

Fractions where the numerator is greater than or equal to the denominator.

Mixed Numbers

Numbers consisting of an integer and a fraction.

Lowest Terms

The simplest form of a fraction, where the numerator and the denominator are reduced to their smallest possible values.

Mixed Numbers

Quantities that combine a whole number with a fraction less than one.