Select the Letter of the Term Each Statement Best Describes

question 66

Multiple Choice

Select the letter of the term each statement best describes.
-The number of shares issued less the number of shares held as treasury stock.

• A)authorized shares
• B)issued shares
• C)outstanding shares
• D)par value
• E)additional paid-in capital
• F)retained earnings
• G)cumulative feature
• H)participating feature
• I)callable stock
• J)treasury stock
• K)retirement of stock
• L)dividend payout ratio
• M)stock dividend
• N)stock split
• O)market value per share
• P)convertible stock
• Q)book value per share

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Definitions:

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial reporting.

Earnings Per Share

A financial metric indicating the portion of a company's profit allocated to each outstanding share of common stock, measuring its profitability on a per-share basis.

IFRS

International Financial Reporting Standards, a set of global accounting guidelines for preparing financial statements.

GAAP

Stands for Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting in the United States.