The Number of Shares of a Class of Stock That

question 44

Multiple Choice

The number of shares of a class of stock that are outstanding is:

• A)the number of shares authorized minus the number of shares issued.
• B)the number of shares authorized minus the number of shares held as treasury stock.
• C)the number of shares issued minus the number of shares held as treasury stock.
• D)the number of shares issued minus the number of shares owned by directors.

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Definitions:

Indian Ocean

The third largest of the world's oceanic divisions, bounded by Africa to the west, Asia to the north, Australia to the east, and the Southern Ocean to the south.

Piracy

The act of robbery or criminal violence at sea, often involving the theft of cargo or entire vessels.

Royal Navy

is the United Kingdom's naval warfare force, notable for its historic significance and role in building the British Empire.

Demobilization

The process of returning armed forces to civilian life, reducing the military size and capabilities after a period of conflict.