Reissuing Treasury Stock at a Price Higher Than the Price

question 2

Multiple Choice

Reissuing treasury stock at a price higher than the price paid to acquire the stock results in a(n) :

• A)increase in contributed capital
• B)decrease in contributed capital
• C)loss reported on the income statement
• D)gain reported on the income statement

---

Definitions:

Directive Approach

A therapeutic strategy where the therapist provides explicit suggestions or guidance to clients about how to think or behave.

Selective Abstraction

A cognitive distortion that involves focusing only on certain negative details of an event while ignoring other positive information.

Dichotomous Thinking

A cognitive distortion involving seeing situations in two categories, such as all good or all bad, without acknowledging the complexity or the spectrum in between.

Overgeneralizing

The cognitive distortion of applying one experience's outcome to others, even when it is not applicable or warranted.