MegaCorp Purchased 10,000 Shares of Its Own Stock That Had

question 27

Multiple Choice

MegaCorp purchased 10,000 shares of its own stock that had previously been owned by private investors.The stock MegaCorp repurchased is called

• A)authorized and unissued.
• B)authorized and issued.
• C)treasury stock.
• D)repurchased stock.

---

Definitions:

Personal Preferences

Individual choices or inclinations towards certain options, activities, or items based on personal taste or desire.

Job Conditions

The working environment and all surrounding factors impacting an employee’s performance, safety, and comfort at the job.

Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Finances

The management of money and other assets, including budgeting, saving, investing, and spending.