The Number of Shares Outstanding Equals the Number of Shares

question 76

Multiple Choice

The number of shares outstanding equals the number of shares:

• A)issued minus the number of shares in treasury.
• B)authorized minus the number of shares issued.
• C)issued plus the number of shares in treasury.
• D)authorized plus the number of shares issued.

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Definitions:

Synovial Membrane

The lining of a synovial joint that secretes synovial fluid, allowing for smooth movement of the joint.

Symphysis Joints

A type of cartilaginous joint where bones are joined by fibrocartilage, allowing for slight movement.

Fibrocartilage

A tough, very dense type of cartilage that contains fibrous bundles of collagen, such as that found in the intervertebral discs and at the insertions of some tendons and ligaments.

Hyaline Cartilage

A type of connective tissue found in areas such as the nose, trachea, and at the ends of long bones, providing support with some flexibility.