The Number of Shares of Stock Outstanding Is Equal To

question 86

Multiple Choice

The number of shares of stock outstanding is equal to:

• A)the number of shares authorized less the number of shares issued
• B)the number of shares issued plus the number of shares authorized
• C)the number of shares issued less the number of shares of treasury stock
• D)the number of shares authorized less the number of shares of treasury stock

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Definitions:

Collusion

An agreement between two or more parties, often secretly, to limit open competition by deceiving, misleading, or defrauding others of their legal rights.

Fraud Prevention

Strategies and measures employed by organizations to detect, prevent, and protect against fraudulent activities or financial irregularities.

Prescribed Controls

Regulations or procedures set by an authority (such as a government or regulatory body) that are designed to govern the operation and security of systems or processes.

Physical Controls

Measures and procedures used to safeguard assets, including inventory and equipment, from loss, theft, or unauthorized access.