The Number of Shares Issued Represents the Number of Shares

question 227

Multiple Choice

The number of shares issued represents the number of shares:

• A)sold.
• B)repurchased.
• C)the company is allowed to sell.
• D)sold less repurchased.

Understand employer and employee responsibilities in tax reporting.

Recognize primary and secondary sources of tax authority.

Determine eligibility criteria for filing Form 1040EZ.

Calculate basic tax liability and understand the factors affecting it.