Authorized Shares of a Corporation

question 99

Multiple Choice

Authorized shares of a corporation

• A)are the minimum number of shares that must be issued.
• B)increase shareholders' equity.
• C)are specified in its articles of incorporation.
• D)must be recorded by a formal accounting entry.

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Definitions:

Childbearing Age

The period in a person's life, typically ranging from late teens to late 40s, when they are physically capable of conceiving and bearing children.

Tonic Neck Reflex

A primitive reflex found in newborns where turning the head to one side results in the arm on that side stretching out and the opposite arm bending.

Moro Reflex

A startle reflex in newborns, where they react to a feeling of falling by spreading their arms, then unspreading them and crying.