Which of the Following Is True of Outstanding Shares

question 62

Multiple Choice

Which of the following is true of outstanding shares?

• A) A firm cannot sell more shares than the outstanding shares mentioned in the charter.
• B) Authorized shares become outstanding shares when they are issued or sold to investors.
• C) Outstanding shares are indicated in a firm's corporate charter.
• D) Outstanding shares are the shares repurchased by the firm.

---

Definitions:

PHQ-2

A brief, initial screening tool consisting of two questions used to assess the presence of depressive symptoms.

Depressive Disorder

A mental health disorder characterised by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Detection Window

The period during which a particular substance or marker can be identified or detected through testing.

Substance Use History

A record of an individual's use of legal or illegal drugs, including the type, frequency, and quantity of substances consumed.